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Exports of textiles, wearing apparel & leather drop by 6.1%

01 Aug '08
5 min read

In medium-low technology industries, the trade deficit amounted to 6.4 billion dollars in 2007, compared with 4.6 billion dollars in 2006. Most of the deficit derived from a deficit in the mining and quarrying division, which amounted to 5.5 billion dollars. By contrast, a surplus was recorded in the divisions rubber and plastics (1.0 billion dollars), jewellery, goldsmiths' and silversmiths' articles (0.4 billion dollars), and metal products (0.1 billion dollars).

In low technology industries there was also a deficit of 3.8 billion dollars. It was the biggest deficit over the years (2000-2007). The trade deficit in food, beverages and tobacco products industries was 1.3 billion dollars in 2007. In textile, wearing apparel and leather industries, the deficit was 1.0 billion dollars, and in paper and printing products the deficit was 0.9 billion dollars.

Imports of Products, by Technological Intensity Manufacturing imports (excluding diamonds) in 2000 was 28.3 billion dollars. In subsequent years, the imports declined, and reached their lowest point in 2002 (25.1 billion dollars). After that, imports began to rise again, and reached a peak of 45.1 billion dollars (in current prices) in 2007.

The distribution of manufacturing imports by technological intensity shows a gradual decline in the weight of imports of high-technology products (office machinery and computers, electronics, communications, equipment for control and supervision, aircraft and pharmaceuticals), from 27.7% in 2000 to 21.4% in 2006 and 23.1% in 2007. Imports of electronic communication equipment totaled in 2007, 2.8 billion dollars (1.5 million dollars in 2006).

Imports of medium-high technology products (including chemistry, machinery, electric motors, motor vehicles, and transport equipment) comprised 35.3% of all industrial imports (excluding diamonds) in 2000, and rose gradually to 38.4% in 2003. Afterwards, the share of medium-high technology products declined gradually and reached 35.3% in 2007.

Regarding imports in chemicals and refined petroleum (excluding pharmaceuticals) there was an increase of 32.1% in 2007 compared with 2006 and imports of transport equipment increased 36.3% compared with the previous year.

The share of imports of medium-low technology products (including, inter alia, mining and quarrying, rubber and plastics, and metal products) increased from 21.5% of all manufacturing imports (excluding diamonds) in 2000, to 28.3% in 2007. The industries with the highest increase in imports compared to 2006 were metal products (55.8%) and iron and steel foundries (36.2%).

The share of imports of low technology products (food, beverages and tobacco, textiles, wearing apparel, paper for printing and its products, wood products, and furniture) out of all manufacturing imports ranged from 13.4% to 15.7% between 2000 and 2007. In 2007, the share of low-technology product imports reached the lowest rate.

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Central Bureau of Statistics

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