TRADE WITH JAPAN.
Valued supporter to the New Zealand wool market as Japan may be, the trade balance between that country and New Zealand is steadily against tins Dominion. Over the past 10 years this position has been maintained, except for the year 1928, when there was a trade credit balance of £81,420 in New Zealand currency. The figures hereunder have been abstracted to illustrate the position: — Imports of N.Z. Exports Japanese to Japan. Goods. Deficit. £ (N.Z.) £ (Stg.) £ 1924 330,736 496,835 1643,099 1925 232,213 693,632 461,419 1928 162,832 582,352 419,520 1927 251,547 591,963 340,416 1928 657,915 576,495 f81,420 1929 428,577 625,714 197,137 1930 154,741 565,264 410,523 1931 267,899 304,532 36,633 1932 236,799 434,740 197,947 1933* 354,402 541,342 186.880 £ (N.Z.) 1934 856,014 669.278 t29,000 £ (N.Z.) (6 mos.) . 314,631 457,904 143,273 •Owing to discrepancy between N.Z. £ and £ sterling the deficit shown for 1933 would be understated. fCredit.
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Auckland Star, Volume LXVI, Issue 201, 26 August 1935, Page 4
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145TRADE WITH JAPAN. Auckland Star, Volume LXVI, Issue 201, 26 August 1935, Page 4
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