XN000022-1993-09-28 — Page 7

ON

TUESDAY, SEPTEMBER 28, 1993

HAS

JOIN

"REPRESENTATIVES FROM MAJOR TRADES IN WHICH THE DEPARTMENT

FREIGHT INDUSTRY, DUTIABLE A FACILITATING ROLE, FOR EXAMPLE THE AIR COMMODITY DEALERS, AND MOTOR VEHICLE DEALERS, WILL BE INVITED TO AS MEMBERS OF THE GROUPS.

#1

"THE COMMISSIONER WILL PUBLISH THE RESULTS EVERY YEAR," HE SAID.

OF THE MONITORING

SERVICES HAS PUBLIC AT ALL CUSTOMS

A BILINGUAL LEAFLET LISTING THE STANDARDS OF THE BEEN PUBLISHED AND WILL BE AVAILABLE FOR THE OFFICES THROUGHOUT THE TERRITORY FROM NEXT MONTH.

0

+

PROVISIONAL FIGURES OF EXTERNAL TRADE FOR AUGUST

RE-EXPORTS

IN AUGUST MAINTAINED A STRONG GROWTH WHILE DOMESTIC EXPORTS CONTINUED TO DECLINE. IMPORTS RECORDED A NOTABLE INCREASE.

THESE ARE SHOWN IN THE PROVISIONAL FIGURES OF EXTERNAL TRADE RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

OR

5.8%

THE VALUE OF RE-EXPORTS IN AUGUST 1993 ROSE BY $11,959 MILLION 20% OVER A YEAR EARLIER TO $72,903 MILLION.

THE VALUE OF DOMESTIC EXPORTS DECREASED BY $1, 206 MILLION OR TO $19,627 MILLION.

TOTAL YEAR

TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE EXPORTS

OVER IN AUGUST 1993 GREW BY $10,753 MILLION OR 13% EARLIER TO $92,530 MILLION.

OF

A

OVER THE SAME PERIOD, THE VALUE OF IMPORTS INCREASED BY $13,663 MILLION OR 17% TO $93,034 MILLION.

AS THE VALUE OF TOTAL EXPORTS WAS SMALLER THAN THAT OF TOTAL 0.5% IMPORTS, A VISIBLE TRADE DEFICIT OF $504 MILLION, EQUIVALENT TO

THE VALUE OF IMPORTS, WAS RECORDED IN AUGUST 1993.

OF

THIS COMPARED WITH A SURPLUS OF $2,406 MILLION, EQUIVALENT 3.0% OF THE VALUE OF IMPORTS, RECORDED IN AUGUST 1992.

TO

HIGHER

THE IN

FIRST EIGHT MONTHS OF 1993 THE VALUE OF RE-EXPORTS AMOUNTED TO $525,195 MILLION, WHICH WAS $94,238 MILLION OR 22% THAN A YEAR EARLIER.

WAS

$4,976

THE VALUE OF DOMESTIC EXPORTS, AT $144,178 MILLION, MILLION OR 3.3% LOWER THAN THAT IN THE SAME PERIOD LAST YEAR.

OF

MILLION,

TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VALUE TOTAL EXPORTS IN THE FIRST EIGHT MONTHS OF 1993, AT $669,373 WAS $89,261 MILLION OR 15% HIGHER THAN A YEAR EARLIER.

/THE VALUE