BRITISH TRADE

Dominion, Volume 22, Issue 93, 14 January 1929, Page 9

BRITISH TRADE

RETURNS FOR 1928 SLIGHT IMPROVEMENT ON PREVIOUS YEAR (British Official Wireless.) Rugby, January 11. Complete provisional figures of British trade during 1928, issued by the Board of Trade, show a slight improvement on those of the previous year. The adverse balance of imports over all exports is £353.000,000., The figure for 1927 was £386,000,000, and for 1926 it was £462,000,000. The actual total of imports, in 1928 was £1,196,000,000, while the exports amounted to £723,000.000, and the reexports to £120,000,000. The greater part of the difference between exports and imports is, of course, balanced by what are termed invisible exports, the ffilef elements in the calculation of vhich are the earnings of Briitsh shipping and interest on investments ibroad. There was a notable increase n the exports of artificial silk, the alue of which rose from five and threeuarters millions sterling in 1927 to yearly eight millions in 1928. Among he export which show decreases are ■oal, six and a half millions, iron and teel, two and a half millions, and coton goods, three and a half, millions.