SLIPPING BACK.

Auckland Star, Volume LXIX, Issue 208, 3 September 1938, Page 15

SLIPPING BACK.

DOMINION EXPORTS. FIGURES FOR JULY. IMPORTS STILL. HIGH. A sharp decrease in exports and a maintenance of imports at high levels were features of the Dominion's overseas trade in July, according to par- j ticulars released by the Customs De- J partment in Wellington yesterday, and forwarded by the Press Association. Total of exports and imports exceeded £8,000,000, a substantial decrease as compared with over £9,600,000 in July of last year. The decline in exports is the chief factor in the decrease that has been registered. The figures for July in the past six years are:— Exports Imports Excess £ N.Z. £ S.Z. £ 1933 .. 3.377.000 1.695.000 1,682.000 1934 .. 2.551.000 2.867.000 16,000» 1935 .. 3.21 S.OOO 2.947.000 271.000 1936 .. 4.680.000 3.530,000 1,150,000 1937 . . 4.824.000 4,843.000 19,000* 1938 . . 3,783.000 4.611.000 828,000* •Excess of imports. The Year to Date. A comparison of the seven months ended July in the past six years is as follows: Exports Imports Excess £ £ £ 1933 . 26.739.000 14.329.000 12.410.000 1934 . 34.349,000 16,623,000 17,726.000 1935 . 30.327.000 19.655,000 10.662.000 1936 . 38.911.000 23.440,000 15,471.000 1937 . 46.925.000 30.571.000 16.354,000 1938 . 41,090,000 31.7*20.000 9,370,000 It will be noted that the surplus of exports with -which the Dominion has to meet its external obligations is lower by nearly £7,000,000.