FALLING OFF.

Auckland Star, Volume LXIX, Issue 165, 15 July 1938, Page 6

FALLING OFF.

BRITISH TRADE.

EXPORTS AND IMPORTS. HEAVY "ADVERSE" BALANCE. LONDON, July 14. The British Board of Trade returns for June show that the value of imports was £76,502,000, exports £36,893,000, and reexport* £4,987,000. Principal increases, compared with June, 1937, were:—lmports: Dairy produce, £840,000; beverages, £591,000. Exports: Machinery, £663,000; vehicles, £970,000. Decreases—lmports: Wood and timber, £1.890,000; cotton and raw waste, £1,992.000; wool and raw waste, £1,432,000; hides and gkine, £897,000; iron and eteel. £694,000; non-ferroue metals, manufactures, £2,112.000; oils, fate and resins, manufactured, £1,170,000. Exporte: Iron "and steel manufactures, £1,064.000; cotton and yarns mnnufaciurte, £2,166,000; woollen and worsted manufactures, £1.182,000: other textiles. £734.000; chemicals and dyes, £591,000, Re-exports: Rub"ber, £483,000; non-ferrous metals manufactures, £539,000. JUNE IN LATE YEARS. . (In million pounds.) 1035. 1936. 1937. 1038. Imports .... 57.8 67.fi BR.I 70.5 Exports 32.9 32.1 44.4 80.9 Re-exports .. 5.2 5.0 7.1 5.0 totals 95.9-104.7 139.6 118.4 Excess of imports o v p r total exports 1t).7 30.5 -3C.6 34.0 HALF YEARS COMPARED. (In million pounds.) ]f>3s. 1030. 1937. 1038. Imports .... SfiO.S . 403.4 453.7 470.7 Exports 200.5 207.8 251.0 233.1 Re-exports . . 28.8 32.3 40.3 32.1 Totals 596.1 643.5 775.0 735.9 Excess of Imports over total exports 125.5 1C3.3 192.4 205.5