Foreign Trade of the Year.
LARGEST IMPORTS ON RECORJD. (London Times). The returns for the last moiith of last year continue to exhibit satisfactory features. Measured by value imports for the year show the huge "record" total of 949 millions. 'The value for 1915 was 852 millions, while the corresponding figures for the last peace year (1913) were 769 millions only. British exports during 1916 were valued at 5t)7 millions, as compared with 385 millions in 1915 and 525 millions in 1913. The balance of trade for this year in so far as it is diclosed was against this country by about 368 millions in 1915, which was reduced to 345 millions in 1916. Of course this method of calculation take no account of Government imports and exports or of the movements of gold and silver. The increase in the value of British exports has gone on steadily since November, 1915, and is some set-off against the heavy: commitments abroad whieli are caused by colossal imports. The accounts of both imports and exports are much affected by higher prices which show no sign yet of falling off. Compared with the preceding month which had' two working days more than December, 1916, imports fell in value by 13J millions, British exports by 1\ millons, and reexports by one million pounds.
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Levin Daily Chronicle, 12 April 1917, Page 2
Word Count
219Foreign Trade of the Year. Levin Daily Chronicle, 12 April 1917, Page 2
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