XN000022-1994-05-12 — Page 22

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THURSDAY, MAY 12, 1994

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO THE PHILIPPINES AND SINGAPORE INCREASED BY 40% AND 9.1% RESPECTIVELY.

THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS TO THE 10 MAIN DESTINATIONS ARE SHOWN IN TABLE 3.

COMPARING THE FIRST QUARTER OF 1994 WITH THE SAME PERIOD IN 1993, DECREASES WERE RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO CANADA (-18%), CHINA (-12%), THE UNITED KINGDOM (-11%), GERMANY (-10%), JAPAN (-8.2%), THE NETHERLANDS (-7.1%), THE UNITED STATES (-5.0%) AND TAIWAN (−3.7%).

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO THE PHILIPPINES AND SINGAPORE INCREASED BY 17% AND 2.6% RESPECTIVELY.

TAKING ALL DESTINATIONS TOGETHER, THE VALUE OF DOMESTIC EXPORTS IN THE FIRST QUARTER OF 1994, AT $44.7 BILLION, DECREASED BY 8.1% OVER THE SAME PERIOD IN 1993. THIS REFLECTED PARTLY THE CONTINUED STRUCTURAL SHIFT TO RE-EXPORTS AND PARTLY THE WEAK DEMAND IN THE

OVERSEAS MARKETS.

TABLE 4 SHOWS THE CHANGES IN THE VALUE OF DOMESTIC EXPORTS THE 10 PRINCIPAL COMMODITY DIVISIONS.

OF

COMPARING THE FIRST QUARTER OF 1994 WITH THE SAME PERIOD IN 1993, DECREASES IN THE VALUE OF DOMESTIC EXPORTS WERE REGISTERED FOR OFFICE MACHINES AND AUTOMATIC DATA PROCESSING MACHINES (BY $876 MILLION OR 19%); CLOTHING (BY $721 MILLION OR 5.3%); TELECOMMUNICATIONS AND SOUND RECORDING AND REPRODUCING APPARATUS AND EQUIPMENT (BY $667 MILLION OR 21%); TEXTILES (BY $569 MILLION OR 15%); PHOTOGRAPHIC APPARATUS, EQUIPMENT AND SUPPLIES, OPTICAL GOODS, WATCHES AND CLOCKS (BY $463 MILLION OR 12%); AND MISCELLANEOUS MANUFACTURED ARTICLES CONSISTING MAINLY OF JEWELLERY, GOLDSMITHS' AND SILVERSMITHS' WARES (BY $114 MILLION OR 2.6%).

OVER THE SAME PERIOD, AN INCREASE IN THE VALUE OF DOMESTIC EXPORTS WAS RECORDED FOR ELECTRICAL MACHINERY, APPARATUS AND APPLIANCES, AND ELECTRICAL PARTS THEREOF (BY $62 MILLION OR 1.2%).

THE VALUE OF IMPORTS IN MARCH 1994, AT $96.2 BILLION, INCREASED

BY 11% OVER THAT IN MARCH 1993.

THE CHANGES IN THE VALUE OF IMPORTS FROM THE 10 MAIN SUPPLIERS ARE SHOWN IN TABLE 5.

COMPARING MARCH 1994 WITH MARCH 1993, THE VALUE OF IMPORTS FROM ALL OF THE MAIN SUPPLIERS INCREASED: ITALY (+27%), THE UNITED KINGDOM (+13%), THE REPUBLIC OF KOREA (+13%), GERMANY (+12%), TAIWAN (+10%), MALAYSIA (+8.9%), CHINA (+8.7%), THE UNITED STATES (+8.2%), SINGAPORE (+6.0%) AND JAPAN (+5.7%).

IN

COMPARING THE FIRST QUARTER OF 1994 WITH THE SAME PERIOD 1993, THE VALUE OF IMPORTS FROM ALL OF THE MAIN SUPPLIERS INCREASED: MALAYSIA (+25%), ITALY {+24%), CHINA (+13%), THE UNITED KINGDOM (+13%), THE REPUBLIC OF KOREA (+11%), SINGAPORE (+10%), GERMANY (+6.4%), TAIWAN (+6.2%), THE UNITED STATES (+4.7%) AND JAPAN (+1.0%).

/THE VALUE