OVERSEAS TRADE
SEPTEMBER FIGURES EXPORTS £187,000 LOWER IMPORTS DOWN £1,137,000 Exports for September were £187,JOO lower m value than for the corresponding month last year, according .o iho preliminary figures of overseas .vc.de ior the period issued by the Customs Department in Wellington this week.
The total is £905,000 below that for September, 1937. and is, in fact, ~he lowest to be recorded since 1935. Imports have decreased in value by £1,137,000 compared with the level a year previously and are back to approximately the figure shown in 1935.
Following aije the values in New Zealand currency, of commodity exports and imports for September in
of iho calendar year show exports valued at £662,000 less than for the same portion of 1938. Imports are £ 1,480,000 lower than during the preceding nine months. As a result the commodity balance has risen by £BIB,OOO, ’ from £6,493,000 to £7,31 1,000. Following is a summary of 1 ic returns for the past seven years:--Nine Excess of
Taking the beginning of July as the opening of the export season gives the figures for the last three months alone i special interest. They arc:— July-
Sopt. 1939 1938 Decrease
£ £ £ Exports 10,653,000 10,790.000 137,000 Imports 11,937,000 14,495,000 2,558,000 There were neither exports nor imports of specie during September, For the nine months ended September the exports were valued at £2795 and the imports at £14,600, both values being in New Zealand currency.
.he past seven years:— Excess of Exports Imports , Imports .11 ,C 1922 2,17'5,000 2,525,000 252.000 1934 .. 2,447,000 2,552,000 100,000 1935 .. 2,li!IO, 000 2.109,000 479,000 .920 .. 2 9111,000 4,422,000 442.1)0(1 ' 337 .. 2.002,000 5,402,000 1 501,000 '0211 .. 2.184,000 4,1121,000 1.027,000 '.929 .. 2,997,000 2,084,000 087,000 Returns lor the first nine months
Mills. Exports Imports Exports .C , .C 6 1933 . 31,453.000 18.992,000 12,551,000 1934 . 39,877,000 22,409.000 17.408,000 1935 . 35,893,000 20.450,000 9,437.000 193(1 . 40,042,000 31,811,000 14,231,000 1937 . 55.284.000 41,982,000 13,302,000 193B . 48,097.000 41,604,000 0.493,000 1939 . 47,435,000 40.124,000 7,311,000
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Gisborne Herald, Volume LXVI, Issue 20080, 28 October 1939, Page 8
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318OVERSEAS TRADE Gisborne Herald, Volume LXVI, Issue 20080, 28 October 1939, Page 8
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