XN000022-1994-11-08 — Page 12

TUESDAY, NOVEMBER 8, 1994

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AS SEATS IN THE CONFERENCE HALL ARE LIMITED, BOOKINGS WILL ACCEPTED ON A FIRST-COME, FIRST-SERVED BASIS.

ATTENTION NEWS EDITORS:

YOUR REPRESENTATIVES ARE INVITED TO COVER THE MEETING.

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VOLUME AND PRICE MOVEMENTS OF EXTERNAL TRADE IN AUGUST 1994

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IN THE FIRST EIGHT MONTHS OF 1994, THE VOLUME OF RE-EXPORTS RECORDED AN INCREASE OF 14% OVER THE SAME PERIOD LAST YEAR, WHILE THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 4.3%, ACCORDING TO STATISTICS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

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TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 9.8%. MEANWHILE, IMPORTS INCREASED BY 12% 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.

AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF RE-EXPORTS AND DOMESTIC EXPORTS INCREASED BY 0.8% AND 1.3% RESPECTIVELY. IMPORT PRICES INCREASED BY 1.9%.

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

INDICES, CERTAIN

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THE TERMS OF TRADE INDEX, DEFINED AS THE RATIO OF TOTAL PRICE INDEX TO IMPORT PRICE INDEX, DECREASED BY 0.9% IN THE FIRST EIGHT MONTHS OF 1994 OVER THE SAME PERIOD LAST YEAR.

COMPARING AUGUST 1994 WITH AUGUST 1993, THE VOLUME OF RE- EXPORTS AND DOMESTIC EXPORTS INCREASED BY 18% AND 5.5% RESPECTIVELY. TAKEN TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 15%. MEANWHILE, THE VOLUME OF IMPORTS GREW BY 16%.

OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF RE-EXPORTS AND DOMESTIC EXPORTS INCREASED BY 1.5% AND 1.8% RESPECTIVELY. IMPORT PRICES INCREASED BY 2.6%.

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

/COMPARING AUGUST