XN000022-1991-07-12 — Page 2

FRIDAY, JULY 12, 1991

EXTERNAL TRADE STATISTICS FOR MAY RELEASED

*

TOTAL MERCHANDISE TRADE IN MAY 1991, AT $131,493 MILLION, GREW BY 19% IN VALUE AS COMPARED WITH MAY 1990, ACCORDING TO THE DETAILED FIGURES ON THE VALUE OF TRADE IN MAY 1991 RELEASED TODAY (FRIDAY) THE CENSUS AND STATISTICS DEPARTMENT.

BY

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 3% TO $19,431 MILLION, WHILE THAT OF RE-EXPORTS ROSE BY 29% TO $44,924 MILLION. THE VALUE OF TOTAL EXPORTS INCREASED BY 20% TO $64,355 MILLION. THE VALUE OF IMPORTS INCREASED BY 19% ΤΟ $67,138 MILLION.

THE VALUE OF TOTAL MERCHANDISE TRADE IN JANUARY TO MAY 1991, AT $572,540 MILLION, INCREASED BY 22% AS COMPARED WITH THE SAME PERIOD IN 1990.

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF DOMESTIC EXPORTS INCREASED BY 5% TO $86,113 MILLION, WHILE THAT OF RE-EXPORTS INCREASED BY 28% TO $190,798 MILLION.

THUS,

THE VALUE OF TOTAL EXPORTS INCREASED BY 20% TO $276,911 MILLION, THE VALUE OF IMPORTS INCREASED BY 23% TO $295,630 MILLION.

THE CHANGES IN THE VALUE OF DOMESTIC MARKETS ARE SHOWN IN TABLE 1.

ΤΟ

EXPORTS TO 10 MAJOR

COMPARING MAY 1991 WITH MAY 1990, THE VALUE OF DOMESTIC EXPORTS THE FEDERAL REPUBLIC OF GERMANY, CHINA AND THE NETHERLANDS INCREASED SIGNIFICANTLY, BY 23%, 18%, AND 16% RESPECTIVELY. THOSE TO THE UNITED KINGDOM, JAPAN, SINGAPORE AND FRANCE INCREASED BY 8%, 6%, 3% AND 2% RESPECTIVELY.

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO CANADA, THE USA AND TAIWAN DECREASED BY 18%, 12% AND 5% RESPECTIVELY.

COMPARING JANUARY TO MAY 1991 WITH THE SAME PERIOD IN 1990, SUBSTANTIAL INCREASES WERE RECORDED IN THE VALUE OF DOMESTIC EXPORTS THE FEDERAL REPUBLIC OF GERMANY, SINGAPORE, THE NETHERLANDS, THE UNITED KINGDOM, CHINA AND FRANCE, BY 35%, 30%, 26%, 18%, 16% AND 11% RESPECTIVELY. THE VALUE OF DOMESTIC EXPORTS TO TAIWAN AND JAPAN BOTH INCREASED BY 6%.

HOWEVER,

THE VALUE OF DOMESTIC EXPORTS TO CANADA AND THE USA DECREASED BY 15% AND 13% RESPECTIVELY.

TABLE 2 SHOWS THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS OF THE MAJOR COMMODITY DIVISJONS.

/COMPARING JANUARY