XN000022-1994-08-09 — Page 11

TUESDAY, AUGUST 9, 1994

10

VOLUME AND PRICE MOVEMENTS OF EXTERNAL TRADE IN MAY 1994

IN THE FIRST FIVE MONTHS OF 1994, THE VOLUME OF RE-EXPORTS RECORDED AN INCREASE OF 13% OVER THE SAME PERIOD LAST YEAR, WHILE THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 8.0%, ACCORDING TO THE STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

OF TAKING DOMESTIC EXPORTS AND RE-EXPORTS TOGETHER, THE VOLUME TOTAL EXPORTS INCREASED BY 8.1%. MEANWHILE, IMPORTS INCREASED BY 9.6% IN VOLUME.

THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES WITH THE EFFECT OF PRICE CHANGES BEING DISCOUNTED.

AND

AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE

1.1% PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 0.6% RESPECTIVELY. IMPORT PRICES INCREASED BY 1.6%.

WHICH

PRICE CHANGES ARE REFLECTED BY CHANGES IN UNIT VALUE ARE COMPILED BASED ON AVERAGE UNIT VALUES OR, FOR COMMODITIES, BASED ON SPECIFIC PRICE DATA.

INDICES,

CERTAIN

THE TERMS OF TRADE INDEX, DEFINED AS THE RATIO OF TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX, DECREASED BY 0.8% IN THE FIRST FIVE MONTHS OF 1994 OVER THE SAME PERIOD LAST YEAR.

COMPARING MAY 1994 WITH MAY 1993, THE VOLUME OF RE-EXPORTS INCREASED BY 14%, WHILE THAT OF DOMESTIC EXPORTS DECREASED

4.2%.

BY

TOGETHER,

TAKEN

THE VOLUME OF TOTAL EXPORTS INCREASED BY 10%. MEANWHILE, THE VOLUME OF IMPORTS GREW BY 15%.

PRICES OF DOMESTIC

OVER THE SAME PERIOD OF COMPARISON, THE EXPORTS AND RE-EXPORTS INCREASED BY 1.4% AND 0.7% RESPECTIVELY. IMPORT PRICES INCREASED BY 1.4%.

THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF RE-EXPORTS BY END-USE CATEGORY ARE SHOWN IN TABLE 1.

ALL

OF

COMPARING MAY 1994 WITH MAY 1993, THE VOLUME OF RE-EXPORTS END-USE CATEGORIES RECORDED INCREASES OF VARIOUS MAGNITUDES: FUELS (+45%), RAW MATERIALS AND SEMI-MANUFACTURES (+23%), FOODSTUFFS (+19%), CAPITAL GOODS (+15%) AND CONSUMER GOODS (+8.2%).

OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF RE-EXPORTS OF FOODSTUFFS, CAPITAL GOODS AND CONSUMER GOODS INCREASED BY 2.4%, 2.2% BY 0.9%

DECREASED RESPECTIVELY. THE RE-EXPORT PRICES OF FUELS THOSE OF RAW MATERIALS AND SEMI-MANUFACTURES REMAINED VIRTUALLY

AND

16%. UNCHANGED.

THE CHANGES IN THE VALUE, UNIT VALUE AND VOLUME OF DOMESTIC EXPORTS BY PRINCIPAL COMMODITY GROUP ARE SHOWN IN TABLE 2.

COMPARING MAY 1994 WITH MAY 1993, COMMODITY GROUPS WHICH RECORDED INCREASES IN VOLUME OF DOMESTIC EXPORTS INCLUDED METAL ORES AND SCRAP (+15%) AND TRAVEL GOODS, HANDBAGS AND SIMILAR ARTICLES (+7.0%).

/CONSIDERABLE DECREASES