Interviews
Imports of goods up by 13.7% in volume
17 Apr '08
3 min read
As regards the price changes in the first two months of 2008 over the same period in 2007, the prices of re-exports of goods increased by 2.6%, while those of domestic exports increased by 3.1%. Taken together, the prices of total exports of goods increased by 2.7%. Concurrently, the prices of imports of goods increased by 3.5%.
Comparing February 2008 with February 2007, the prices of re-exports of goods increased by 2.8%, while those of domestic exports increased by 3.4%. Taken together, the prices of total exports of goods increased by 2.8%. Concurrently, the prices of imports of goods increased by 3.5%.
Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade which are compiled based on average unit values or, for certain commodities, specific price data.
The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods. Compared with the same period in 2007, the index decreased by 0.7% in February 2008 and 0.8% in the first two months of 2008.
Comparing February 2008 with February 2007, the total export volume to the mainland of China (the Mainland) and Germany increased by 12.2% and 7.4% respectively. On the other hand, the total export volume to Japan, the USA and the United Kingdom decreased by 0.7%, 16.4% and 20.3% respectively.
Over the same period of comparison, the total export prices to all main destinations increased: the USA (+5.9%), Germany (+4.5%), the United Kingdom (+3.8%), Japan (+2.4%) and the Mainland (+1.2%).
In February 2008, double-digit growth was recorded for the import volume from the USA (+11.4%) over February 2007. Concurrently, the import volume from Taiwan, Japan, Singapore and the Mainland increased by 6.8%, 6.7%, 5.7% and 5.3% respectively.
Comparing February 2008 with February 2007, the import prices from Singapore, the Mainland, Japan and the USA increased by 12.4%, 3.4%, 1.9% and 1.2% respectively. On the other hand, the import prices from Taiwan decreased by 1.5%.
Comparing February 2008 with February 2007, the prices of re-exports of goods increased by 2.8%, while those of domestic exports increased by 3.4%. Taken together, the prices of total exports of goods increased by 2.8%. Concurrently, the prices of imports of goods increased by 3.5%.
Price changes in external merchandise trade are reflected by changes in unit value indices of external merchandise trade which are compiled based on average unit values or, for certain commodities, specific price data.
The terms of trade index is derived from the ratio of price index of total exports of goods to that of imports of goods. Compared with the same period in 2007, the index decreased by 0.7% in February 2008 and 0.8% in the first two months of 2008.
Comparing February 2008 with February 2007, the total export volume to the mainland of China (the Mainland) and Germany increased by 12.2% and 7.4% respectively. On the other hand, the total export volume to Japan, the USA and the United Kingdom decreased by 0.7%, 16.4% and 20.3% respectively.
Over the same period of comparison, the total export prices to all main destinations increased: the USA (+5.9%), Germany (+4.5%), the United Kingdom (+3.8%), Japan (+2.4%) and the Mainland (+1.2%).
In February 2008, double-digit growth was recorded for the import volume from the USA (+11.4%) over February 2007. Concurrently, the import volume from Taiwan, Japan, Singapore and the Mainland increased by 6.8%, 6.7%, 5.7% and 5.3% respectively.
Comparing February 2008 with February 2007, the import prices from Singapore, the Mainland, Japan and the USA increased by 12.4%, 3.4%, 1.9% and 1.2% respectively. On the other hand, the import prices from Taiwan decreased by 1.5%.
Census and Statistics Department
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
