BRIGHTER POSITION

Sun (Auckland), Volume I, Issue 176, 15 October 1927, Page 12

BRIGHTER POSITION

NEW ZEALAND’S TRADE EXCESS OF EXPORTS Dominion returns of New Zealand’s overseas trade for the nine months ended September, 1927, show a substantial improvement compared with the position a year ago. Imports show a contraction to the extent of £3,720,329, and exports for the period increased by £569,768. Details of the value of exports and imports for the nine months ended September 30 during the past five years are as follow: Nine

The exports in September were valued at £2,133,992, as against £2,400,732 last year. Imports were £4,578,666, as against £5,135,319. Figures for the first three months of the 1926-27 season, July 1 to September 30, show an excess of imports. This, of course, is accounted for by the fact that most of the country’s primary produce has been sent out by that time, and the new season’s produce is just coming in. Also those three months are generally marked by heavy importations of seasonal goods. The figures for the period are:—

months. Exports. Imports. Excess. 1923 . £37,591,106 £31,481,795 £6,109,311 1924 . 4 L,057,208 36,137,756 5,919,452 1925 . 44,191,254 38,234,807 5,956,447 1926 . 37,346,920 37,404,368 *57,448 1927 . 37,916,688 33,684,039 4,232,649 •Excess of imports.

JulySept. Exports. Imports. Excess. 1923 £6,508,773 £10,477,227 £3,968,454 1924 7,496,214 13,493,353 5,997,139 1925 5,792,995 13,219,522 7,426,527 1926 7.874,056 12,687,788 4,813,702 1927 7,324,346 11,483,335 4,158,989