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Merchandise trade keeps steady in 07

fibre2fashion.com [2008-3-26]

Exports of merchandise trade for the year 2007 were 88,581m, up 2% on 2006. This rise was due to Organic chemicals.

Excluding these categories exports actually fell by 2%. Imports for 2007 were 62,179m, up 2% on 2006. This increase was due to Transport equipment.

If we exclude this, imports were flat. In December 2007 the value of exports was 6,116m, down 1,048m (-15%) on December 2006, while imports were 5,017m, down 351m (-7%). On a seasonally adjusted basis the value of exports in December 2007 was 6,310m, 14% down on November 2007, while imports were 4,970m, down 11%.

Preliminary estimates for January 2008 (see Table 5) show exports of 6,958m and imports of 5,328m. The corresponding seasonally adjusted values for January 2008 (see Table 2) are 7,198m for exports and 5,175m for imports.

A comparison of the preliminary January 2008 values with January 2007 is given in Table 5 at broad commodity level by principal country.

(Editor: Du Tingting)



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