OVERSEAS TRADE
Heavy Decline In Imports RETURNS FOR MARCH PERIOD A substantial decline in imports is the outstanding feature of the overseas Inula returns for the period ended March 31 issued yesterday by the Customs Department. Exports during March were valued at £7.265.000. compared witli £7,683,000 for Marvil. 1939, a decrease of £418,000. Imports were valued at £2.728,000, compared with £4.356,1X10 for March, .1939, a decrease of £1,628,000. The March figures for the last three years compare as follows;— Excess ul.
For the quarter ended March 31. exports were valued at £21,700,000, compared with £20,066,000 for the corresponding period of last year, an increase of £l,834.000. Imports for the three months totalled £10,058,000. compared with £13.874.000 for the corresponding quarter ()f 1939. a decrease of £3,810.000. The figures for the first quarter of the last three years compare as follows:—
follows :— Exports Exports £ £ Month of March, 1940 — 912 3 months ended March 31 — 9.12 During the financial year ended Marell 31 exports were valued at £59,043/100, which represents an increase of £1.776 - 000 compared with the total for J9»B-3J, but. is £5.365,000 below that for 193138. Imports for the latest twelve months at. £45.571.000, show a decrease of £B,838,000 compared with those for 1938-39, and are £12,494,000 below those for 1937-38. The excess of exports tor the financial year ended March was £14,072,000, as against £3,458,000 for 1938-39 aud £6,943.000 for 1937-38. The figures for the last, three financial years compare as follows: —
Exports. Imports, exports. Mu nth of: £ (N.Z.) (<N ./.) .C(N.Z.) March, 1910 . , 7,265,000 2,"WOO ■1,537.000 1939 .. , 7,683.000 •i ooo 3.327,000 193S .. , 7.366,000 t,'J07,0<X) 2.-I59.000
Excess of Three mouths ended: March, 1010 .. 1039... ties .. Exports. Imports, exports. £(.\’.Z.) £(N.Z.) lilN.Z.) 21,700,0(H) 10,058,000 11,012,000 20.000.000 13,871,000 (1,192,000 20.575,000 11,887,000 5,088,000 The above figures take no account of specie, movements of which have been as
Excess of Twelve mouths Iflxports. Imports, exports ended• SfN.Z.l £(N.Z.) £(.VZJ March, 10-10 . S!),(543,000 40,571,000 14,072,000 1930 . ' 57,807.04X1 54,409,000 3,458,4X10 was . . 65.006,000 58,0(55,000 0,043,000
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Dominion, Volume 33, Issue 184, 1 May 1940, Page 12
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328OVERSEAS TRADE Dominion, Volume 33, Issue 184, 1 May 1940, Page 12
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