TABLE 3.1.2
International trade and external balances of the ECE transition
economies, 1995-1997
(Rates of change and shares, per cent)
| |
Merchandise exports in
dollars
(growth rates) |
Merchandise imports in
dollars
(growth rates) |
Trade balances
(per cent of GDP) |
Current account
(per cent of GDP) |
| |
1995 |
1996 |
1997 |
1995 |
1996 |
1997 |
1995 |
1996 |
1997 |
1995 |
1996 |
1997 |
| Eastern Europe |
27.7 |
2.3 |
5.8 |
32.3 |
13.8 |
5.0 |
-6.3 |
-9.5 |
-9.8 |
-0.3 |
-3.8 |
-3.9 |
| Albania |
45.5 |
4.4 |
-38.4 |
18.4 |
40.0 |
-47.5 |
.. |
.. |
.. |
.. |
.. |
.. |
| Bosnia and Herzegovina |
.. |
144.7 |
32.8 |
.. |
129.9 |
-1.2 |
.. |
.. |
.. |
.. |
.. |
.. |
| Bulgaria |
34.3 |
-8.8 |
-1.9 |
35.1 |
-10.4 |
-13.6 |
-2.3 |
-1.9 |
4.0 |
-0.2 |
0.2 |
4.3 |
| Croatia |
8.7 |
-2.6 |
-3.8 |
43.6 |
3.7 |
17.1 |
-15.3 |
-16.6 |
-25.7 |
-6.8 |
-4.5 |
-7.0 |
| Czech Republic |
33.6 |
1.2 |
2.8 |
45.0 |
9.7 |
-2.7 |
-7.2 |
-10.3 |
-8.4 |
-2.7 |
-7.6 |
-6.0 |
| Hungary |
20.2 |
2.2 |
21.4 |
6.3 |
4.8 |
16.3 |
-5.8 |
-5.4 |
-4.5 |
-5.6 |
-3.7 |
-2.2 |
| Poland |
32.8 |
6.8 |
6.4 |
34.7 |
27.9 |
13.2 |
-5.2 |
-9.4 |
-11.8 |
4.6 |
-1.0 |
-3.2 |
| Romania |
28.6 |
2.2 |
5.6 |
44.6 |
11.3 |
-2.0 |
-6.6 |
-9.4 |
-7.7 |
-5.0 |
-7.2 |
-6.1 |
| Slovakia |
27.9 |
3.0 |
-0.5 |
32.3 |
26.9 |
-7.8 |
-1.1 |
-12.1 |
-7.6 |
3.7 |
-11.1 |
-7.7 |
| Slovenia |
21.8 |
-0.1 |
0.8 |
30.0 |
-0.7 |
-0.7 |
-6.3 |
-5.9 |
-5.5 |
-0.1 |
0.2 |
0.6 |
The former Yugoslav
Republic of Macedonia |
10.8 |
-4.7 |
3.0 |
15.8 |
-5.4 |
8.0 |
-12.8 |
-12.2 |
-17.8 |
-5.5 |
-7.3 |
-6.3 |
| Yugoslavia |
.. |
20.3 |
28.6 |
.. |
53.9 |
17.0 |
-12.2 |
-14.1 |
-13.4 |
.. |
.. |
.. |
| Baltic states |
35.2 |
17.6 |
22.2 |
41.7 |
26.0 |
26.1 |
-15.4 |
-18.6 |
-22.5 |
-5.8 |
-8.3 |
-8.5 |
| Estonia |
40.6 |
13.1 |
39.5 |
53.0 |
26.2 |
37.3 |
-19.5 |
-25.9 |
-32.8 |
-5.1 |
-9.7 |
-9.2 |
| Latvia |
31.9 |
10.7 |
15.8 |
46.6 |
27.6 |
17.3 |
-11.5 |
-17.4 |
-19.1 |
-0.4 |
-5.6 |
-7.9 |
| Lithuania |
33.3 |
24.0 |
14.3 |
31.0 |
24.9 |
22.7 |
-15.8 |
-15.3 |
-19.4 |
-10.3 |
-9.2 |
-8.7 |
| CIS |
27.7 |
10.3 |
1.4 |
24.4 |
6.0 |
17.9 |
7.7 |
7.3 |
5.3 |
2.2 |
2.5 |
0.5 |
| Armenia |
74.1 |
60.6 |
-15.0 |
80.9 |
70.0 |
2.6 |
-18.6 |
-26.1 |
-29.0 |
.. |
.. |
.. |
| Azerbaijan |
-7.0 |
-3.1 |
20.2 |
50.7 |
41.1 |
-29.1 |
-3.6 |
-8.8 |
-0.8 |
.. |
.. |
.. |
| Belarus |
72.2 |
6.3 |
1.4 |
93.5 |
25.6 |
17.1 |
-1.1 |
-3.5 |
-6.5 |
-5.5 |
-3.7 |
-6.4 |
| Georgia |
48.7 |
21.2 |
60.7 |
253.2 |
80.3 |
42.2 |
-5.2 |
-8.2 |
-9.7 |
.. |
.. |
.. |
| Kazakhstan |
72.7 |
17.7 |
27.5 |
-15.3 |
10.5 |
51.9 |
7.0 |
7.0 |
6.9 |
.. |
.. |
.. |
| Kyrgyzstan |
19.7 |
-20.0 |
141.1 |
56.5 |
107.6 |
-25.9 |
-1.9 |
-13.4 |
0.6 |
.. |
.. |
.. |
| Republic of Moldova |
74.4 |
-8.4 |
-17.8 |
48.5 |
52.7 |
31.3 |
0.5 |
-9.6 |
-17.9 |
-8.1 |
-12.9 |
-18.0 |
| Russian Federation |
23.9 |
8.7 |
-1.6 |
17.0 |
-4.9 |
22.3 |
9.1 |
9.0 |
6.4 |
3.0 |
3.3 |
1.4 |
| Tajikistan |
24.4 |
-11.6 |
7.0 |
5.7 |
-13.9 |
5.0 |
35.3 |
14.6 |
18.4 |
.. |
.. |
.. |
| Turkmenistan |
92.5 |
-42.1 |
-51.0 |
-20.8 |
49.3 |
-43.7 |
9.0 |
-20.3 |
-17.0 |
.. |
.. |
.. |
| Ukraine |
32.6 |
13.0 |
22.1 |
88.7 |
18.8 |
4.7 |
1.8 |
1.0 |
3.4 |
-3.1 |
-2.7 |
-2.3 |
| Uzbekistan |
77.2 |
94.0 |
.. |
35.6 |
96.0 |
.. |
0.8 |
0.9 |
.. |
.. |
.. |
.. |
| Total above |
27.9 |
6.2 |
4.5 |
30.4 |
12.0 |
9.2 |
1.4 |
0.3 |
-0.9 |
0.9 |
-0.2 |
-1.4 |
| Memorandum items: |
| CETE-5 |
28.8 |
3.1 |
6.5 |
30.5 |
15.4 |
5.8 |
-5.5 |
-8.9 |
-9.2 |
0.9 |
-3.4 |
-3.7 |
| SETE-7 |
23.5 |
-0.7 |
3.2 |
39.1 |
8.6 |
2.6 |
-8.9 |
-11.2 |
-11.8 |
-4.6 |
-5.4 |
-4.4 |
Source: National statistics, CIS Statistical Committee
and direct communications from national statistical offices to UN/ECE secretariat; UN/ECE
secretariat computations.
Note: Foreign trade growth is measured in current dollar values. trade and
current account balances are related to GDP at current prices, converted from national
currencies at current dollar exchange rates. trade values include the "new
trade" among the successor states of former Czechoslovakia and the former SFR of
Yugoslavia, but not intra-CIS trade. Current account data for 1997 are a combination of
full year results, estimates or official forecasts in the case of the east European
countries, and January-September 1997 values for the Baltic and CIS states (table 3.6.13).
Current account data for the Russian Federation for 1997 refer to relations with the
"far abroad" (non-CIS countries) only, whereas those for other CIS countries
cover all external relations (non-CIS and CIS). Current-price GDP values are in some cases
estimated from reported real growth rates and consumer price indices. On regional
aggregates, see the note to table 3.1.1.