INTERESTING TABLE OF EXPORTS AND IMPORTS.

Manawatu Herald, Volume XLI, Issue 2008, 29 July 1919, Page 2

INTERESTING TABLE OF EXPORTS AND IMPORTS.

THE following interesting table of the value of New Zealand’s exports and imports shows the growth of the trade of the Dominion in the past CO years. In that period the export trade has increased GO times and the import trade 16 times. This rapid expansion of exports and comparatively slow increase in imports gives the key to the recent prosperity of New Zealand. Sixty years ago New Zealand’s imports were three times the value of her exports. This vicious balance continued, though in less serious proportions, for nearly thirty years, with only one break, in 1871, when the exports exceeded the imports by a million sterling. The depression of the eighties was a natural consequence of this ill-balanced trade. New Zealand was buying more than she sold, and hard times resulted. It was not until 1887 that the balance of trade became permanently healthy, and in the succeeding 32 years the imports have only twice — in 1908 and 1911 —exceeded the exports. In recent years, as will be seen, the balance has been heavily on the side of exports. This is the source of our present prosperity. The statistics are as follows: —

Year. Exports (the Produce of N.Z.) Imports. 1850 521,308 1,551,030 1860 519,133 1,548,333 1861 1,339,211 2,193,811 1862 2,358,020 1,620,083 1863 3,342,891 7,024,674 1861: 3,050,631 7,000,055 1865 3,503,121 5,594,977 1806 1,390,090 5,894,803 1867 1,479,101 5,344,607 1868 1,368,720 4,985,749 1869 4,090,131 4,976,126 1870 4,514,082 . 4,039,015 1871 4,544,082 4,639,015 1871 5,171,104 4,078,193 1872 5,107,180 5,142,951 1873 5,477,970 6,164,687 1871 5,152,145 8,121,812 1875 5,475,844 8,029,172 1876 5,188,901 6,905,171 1877 6.058,717 0.973,418 1878 5,784,619 8,755,663 1875 5,503,455 8,374,585 1880 0,102,300 0,102,011 1881 5,702,250 7,457,045 1882 6,233,350 8,009,270 1883 0,855,214 7,974,038 .1881 0,942,486 7,603,888 1885 6,591,911 7,479,921 1886 0,380,082 0,759,013 1887 6,551,081 6,245,515 1888 7,255,128 5,941,900 1889 9,042,008 6,308,863 1890 9,428,701 6,260,525 1891 9,400,094 6.503,849 1892 9,305,868 6,943,056 1893 9,557,443 6,911,515 1891 9,085,143 0,788,020 1895 8,390,153 6,400,129 1896 9,177,336 7,137,320 1897 9,596,267 8,055,223 1898 10,324,988 8,230,600 1899 11,799,740 8,739,633 1900 13,055,249 10,646,096 1901 12,090,400 11,817,915 1902 13,498,599 11,326,725 1903 14,838,192 12,788,675 1901 14,601,787 13,291,694 1905 15,503,530 12,828,857 1900 17,840,340 15,211,403 1907 19,783,138 17,302,861 1908 15,894,530 17,471,284 .1909 19,402,936 15,674,719 1910 21,944,163 17,051,583 1911 18,781,898 19,545,879 1912 21,272,105 20,976,574 1913 22,577,890 22,288,302 1911 25,948,717 21,856,095 1915 31,042,862 21,728,834 1916 32,975,907 20,339,283 1917 39,181,069 20,919,259 1918 27,930,787 24,233,944