N.Z. TRADE

Sun (Auckland), Volume III, Issue 863, 6 January 1930, Page 10

N.Z. TRADE

HIGH PER HEAD RATIO LEADING THE WORLD A survey of international trade contained in a report published by the Department of Trade and Commerce of Canada shows that in 1913 the United Kingdom occupied first place in aggregate external trade, Germany second, and the United States third. In 1928, however, the United States had moved into first position, the United Kingdom into second, and Germany into third. In this list, comprising 20 countries, New Zealand was 20tli in 1913 and 19th in 1928. A comparison of volume of trade in proportion to population places New Zealand at the head of the world’s list. The summary on this basis is as follows, the order in 1913 and 1928 being shown together, with the aggregate value of external trade expressed in dollars and cents:

In 1928 New Zealand had the largest import trade per capita, the largest export trade per capita, and the largest aggregate external trade per capita. In addition, New Zealand had the largest trade balance per capita of any country in the world, being 34 dollars 50 cents, the next in order of importance being Canada, with 15 dollars 72 cents a head, followed by Argentina with 10 dollars 52 cents a head. The United States was in fourth position with 8 dollars 65 cents per capita.

Rank. 1913. 1923 Per Capita. 1913. 1928. ■Dollars. Dollars. 3 1 New Zealand . . 195.90 330.64 6 2 Canada 145.58 263.78 7 3 Denmark . . . . 136.63 248.61 1 4 Netherlands 458.06 243.57 4 5 Switzerland. 3 68.24 235.82 2 6 Belgium 210.62 216.90 5 7 Australia . . .. 153.08 208.45 8 8 Cnited Kingdom 125.20 191.99 10 Argentine . . 100.35 174.92 9 10 Norway . «- .. .. 101.57 159.44 11 11 Sweden 79.49 144.39 13 12 France 74.57 100.82 12 13 Germany . . .. 74.84 96.09 14 14 Brit. S. Africa.. 48.30 76.43 15 43. S3 75.17 16 16 Italy 34.25 47.03 18 17 Spain (1927) .. 22.87 19 18 Japan .. .. .. 1 2.93 20 20 British India .. 4.36