XN000022-1991-03-10 — Page 3

SUNDAY, MARCH 10, 1991

IN

2

PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN DECEMBER AND THE WHOLE YEAR OF 1990

THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 1% IN THE WHOLE YEAR OF 1990 AS COMPARED WITH 1989, WHILE THAT OF RE-EXPORTS GREW BY 16%, ACCORDING TO THE STATISTICS RELEASED TODAY (SUNDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF 11% IN VOLUME OF

IMPORTS INCREASED BY

THE TERMS.

TOTAL EXPORTS.

9% IN VOLUME

THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES, HAVING DISCOUNTED THE EFFECT OF PRICE CHANGES.

AS REGARDS PRICE CHANGES OVER THE SAME PERIOD PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE RESPECTIVELY, WHILE THOSE OF IMPORTS ROSE BY 2%.

THE

OF

COMPARISON, BY 1% AND 3%

OF

AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX) WAS VIRTUALLY UNCHANGED.

PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED, EXCEPT FOR SOME SELECTED

FOR COMMODITIES

WHICH SPECIFICATION PRICE

AVAILABLE.

ACCOUNT

INDEXES

ARE

1989,

THE

COMPARING THE MONTH OF DECEMBER 1990 WITH DECEMBER VOLUME OF DOMESTIC EXPORTS SHOWED A LITTLE INCREASE OF LESS THAN 0.5%, WHILE THAT OF RE-EXPORTS INCREASED BY 21%.

BY

TAKING THEM TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED 12%. THE VOLUME OF IMPORTS INCREASED BY 21%. OVER THE SAME PERIOD OF 1% COMPARISON, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY AND 2% RESPECTIVELY. IMPORT PRICES INCREASED BY 3%.

OF DOMESTIC THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME

YEAR EXPORTS BY PRINCIPAL COMMODITY GROUP FOR DECEMBER AND THE WHOLE OF 1990 AS COMPARED WITH THE CORRESPONDING PERIODS IN 1989 ARE IN TABLE 1.

SHOWN

THE VOLUME OF DOMESTIC EXPORTS OF MOST COMMODITY GROUPS DECREASED IN 1990 AS COMPARED WITH 1989, INCLUDING RADIOS OF ALL KINDS (-30%); FOOTWEAR (-24%); DOMESTIC ELECTRICAL APPLIANCES (-22%); TRAVEL GOODS,

(- HANDBAGS

MANUFACTURES AND SIMILAR ARTICLES (-17%); METAL 16%); TEXTILE MADE-UPS AND RELATED ARTICLES (-12%); TEXTILE YARN THREAD (-9%); AND METAL ORES AND SCRAP (-4%).

AND.

WERE

ON THE

VOLUME OTHER HAND, INCREASES IN DOMESTIC EXPORT RECORDED IN ELECTRONIC COMPONENTS (+18%); AND WATCHES AND CLOCKS (+12%).

/THE PRICES