OVERSEAS TRADE

Dominion, Volume 36, Issue 308, 23 September 1943, Page 4

OVERSEAS TRADE

Lend-Lease Included In Imports

SEVEN MONTHS’ FIGURES

Another huge increase in imports is tfliowu in the overseas trade figures for duly, released by the Customs Departmenf. The import figures, however, inelude leiul-leii.se supplies, us well tts/leI'enee materials and equipment. Since last. March import figures have each mouth been abnormiilly high without any corresponding increase being shown in the monthly Customs returns, aud it is apparently since then Hull Hie Customs Depart meii l Inis included letid-lease supplies in the import figures. o.e.av, llxports in July totalled £:>,-U6.O(X) compared with Jtl>.7S-l,O<N) in July. 1912, a decrease of £-1 ,’-!8S,000. Imports tor July were £11,223,000, against in July, 1942, an increase ot Ao,u>-,000, resulting in tin unfavourable trade balance of £5,727,000. compared with a ftivoiirable balance of £-1,293.000 in July, 19-12. , , , , , Export and import values tor July during the last, five years compared as follows : Excess of

For Hie seven months of the current year exports total £30.1-10.000. against £53.001.000 for-the corresponding period of 1.912, a decrease of £13,801.00H. Imports at the same periods total 01)0 and £29,758.000 respectively, uu increase of £23,835.000, resulting iti an unfavourable balance of £.14,453.000 against a favourable balance for the same period of 1942 of £23.243,000. A comparison of Hie figures tor the first, seven months of the past live years is as under:- Excess of

AU values are expressed in terms of New Zealand currency.

Exports. Imports. exports. .July £(N.ZJ 5,491,000 e px.z.) 11,223,090 A* l. N.Z.) ♦5,727,000 .... -]()(•> 9,78 1,000 5.49'1,000 4,293,000 ]!M1 .... 5,196,009 4.338,000 858.009 1940 .... 5,029,000 4.001.000 1X58,900 1939 .... :’,.557,000 4.462,000 *1105,000 ♦Excess of imports.

Expo Hs. ] inpoi’ts. exports. .1 uly 1943 .... £ (N.Z.) 39J4O j MIO £ IN.Z.) 53,593.000 .£ 4N.ZJ *11,153,0110 194.2 .... 53,001,003 29,758,000 23.243.000 .1941 .... 41,853.000 20.395,000 15,-158,000 1940 .... 49,001,000 28,930,000 20.731.000 1939 .... 10.339.000 32,019,000 7.090.000 ♦Excess or imports.