EXPORTS AND IMPORTS

Chronicle (Levin), 11 October 1947, Page 7

EXPORTS AND IMPORTS

Presp AssociationJ

(Pzr

WELLIN GTON , Oct. 10. Exports for May tliis year amounted to £12,4:08,000 eompared with £f0,081,r»(JU for the same month last year, while imports for the comparable periods were £10,111,000 and £5,736,000, said ihe Minister 'of Finance and Customs (Mr. Nash) in a statement issued today. - The Minister added that imports for May, 1017, exceeded those for May, ] 140, by 75 per ceut., and both imports and exports closely approximated the re>'ords reached last month. "While values of both exports and imports reflect increased prices overseas, " continued the statement, "the volume of iniports into New Zealand !uts been considerably increased, as it is hoped to demonstrate in figures to be available shortly. The inain obstable to an increased volume of imports at present is the shortage ot o'oods overseas, rg.ther than the system uf import. licensing. " Comparative totals of exports and imports for 104(5 and 1917 are as follow ( 1 )!(> in parentlieses) with values expressed in terms of NeW Zealand eurrency, with import values, ineluding deftMice materials and equipment and Leuil-Loase supplies: — Exports: May, 1917, £12,10S,000 (£10, (5S1.(HK)). Iniports: £10,111,000 (£5,736,000). Exeess of exports: £2,297,000 ( £1,915,000). Exports for the five months ended Mav, 1917: £55,855,000 (£15,823,000). Iniports for lice months: £1.5,105,000 • £2(5,(500.000). Exeess of exports: £12,150,000 ,£19,223,000).