THE TRADE of NEW ZEALAND 1880.

Patea Mail, 8 February 1881, Page 3

THE TRADE of NEW ZEALAND 1880.

Although the official returns of the exports and imports of New Zealand for the year 1880 arc not yet published, an approximate estimate has been compiled for the Wellington Monthly Price Current and Trade Report despatched by the English mail which left 30th January, and this enables a very interesting comparison to be made with previous years. In the year 1877 the value of the imports into New Zealand amounted to £6,973,418, and of the exports to £6,327,472. In 1878 the imports had made a “jump” of nearly two millions in value, an increase of over 30 per cent., the amount being L 8,755,663, but the exports fell off to LG,015,525. In 1879 imports remained almost stationary, the value being L 8,374,585, a small decrease on the preceding year, and the exports showed a still further decrease, the amount being only L 5,743,126. The imports for 1880 were valued at L 6,162,011, a diminution of nearty two millions and a quarter as compared with the previous year. The exports for 1880, however, show an increase of over L 600,000 on the year before, the total value being L 6,352,692, or nearly L 200,000 in excess of the year’s imports. It is further note-worthy that whereas in the December quarter of 1879 the imports exceeded the exports by about a quarter of a million, in the December quarter of 1880 the exports were L 50,000 in excess of the imports, a complete reversal of the position.— Post.