BRITISH OVERSEAS TRADE.

Auckland Star, Volume LX, Issue 139, 14 June 1929, Page 4

BRITISH OVERSEAS TRADE.

MAY A BUSY MONTH. SUBSTANTIAL INCREASES. BOTH EXPORTS AND IMPORTS. (Australian and N.Z. Press Association.) (Received 11 a.m.) LONDON, June 13. The Board of Trade returns for May, compared with those for May, 1928, are as follow:—lmports increased £4,061,000, and exports £8,882,000. Re-exports decreased £1,350,000. Principal increases are:—lmports: Meat, £1,262,000; food and drink, non-dutiable, £873,000; non-ferrous metals and manufactures, £734,000; oils and fats, £1,049,000. Exports: Coal, £778,000; iron and steel, £1,083,000; cotton yarns and manufactures, £1,139,000; vehicles, £1,811,000. a Decreases. —Imports: Grain and flour, £530,000;; food and drink, dutiable, £557,000; raw cotton, £1,119,000; raw wool; £667,000; oil and seeds, etc., £644,000. The following table shows the returns for May in recent years:— 1927. 1928. 1929. £ £ £ Imports 90,394,000 99,417,000 103,478,000 Exports 63,275,000 58,554,000 67,430,000 3 _ o 000 11>821 000 k^^OOO Totals £172,019,000 1C9,792,000 181,385,000 Five Months' Figures. The following shows the total overseas trade for the first five months in 1927, 1928, and 1929:— 1927. 1928. 1929. ~ £ £ £ Imp'ts. 518,119,000 500,158,000 513,821,000 Exp'ts. 286,356,000 295,758,000 308,847,000 Ke-exports_ oQi oqo 55 o g 2 000 50> 012,000 Totals 859,476,000 856,998,000 872,680,000 From the foregoing it will be seen that Britain's overseas trade appears to have continued quite satisfactory during May despite such complicating factors as the general elections, the pending reparations issue, and the unsettled monetary situation in U.S.A.