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Comparing the first 11 months of 1994 with the same period in 1993, decreases were recorded in the value of domestic exports to Canada (-13%), Germany (-9.0%), the United Kingdom (-5.0%), China (-3.1%) and Taiwan (- 1.8%).
However, the value of domestic exports to the Philippines increased significantly by 28%. That to Singapore, Japan, the Netherlands and the United States increased by 8.6%, 5.9%, 4.6% and 2.9% respectively.
Taking all destinations together, the value of domestic exports in the first 11 months of 1994, at $202.0 billion, decreased marginally by 0.2% over the same period in 1993.
Table 4 shows the changes in the value of domestic exports of the 10 principal commodity divisions.
Comparing the first 11 months of 1994 with the same period in 1993, decreases in the value of domestic exports were registered for telecommunications and sound recording and reproducing apparatus and equipment (by $1.5 billion or 12%); textiles (by $1.1 billion or 7.2%); miscellaneous manufactured articles consisting mainly of jewellery, goldsmiths' and silversmiths' wares (by $1.0 billion or 5.4%); machinery specialised for particular industries (by $370 million or 11%); and photographic apparatus, equipment and supplies, optical goods, watches and clocks (by $141 million or 1.0%).
Over the same period, increases in the value of domestic exports were recorded for electrical machinery, apparatus and appliances, and electrical parts thereof (by $2.3 billion or 11%); and clothing (by $1.2 billion or 1.9%).
The value of imports continued to increase significantly, by 27% over a year earlier to $117.1 billion in November 1994.
The changes in the value of imports from the 10 main suppliers are shown in Table 5.
Comparing November 1994 with November 1993, the value of imports from all of the main suppliers showed increases of various magnitudes: the Republic of Korea (+46%), Malaysia (+46%), the United Kingdom (+42%), the United States (+35%), Singapore (+34%), Germany (+30%), Japan (+30%), Italy (+29%), Taiwan (+24%) and China (+19%).
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