NEW ZEALAND'S TRADE

Evening Post, Volume CXII, Issue 3, 3 July 1926, Page 12

NEW ZEALAND'S TRADE

AN IRISH COMPARISON.

(From Our Own Corr«pond#nt.) LONDON, Bth May. 1 The "Irish Independent" expresses the view that the progress o£ New Zealand's foreign trade has' many features of interest to Ireland. "This distant Dominion, though far larger than Ireland, has not a third of our population," it says. "Since 1914 the value of her exports has more than doubled, while her imports have shown an even greater increase. Since the war, the improvement in New Zealand's external trade has been steadily maintained. Thus, there has all the time „ been secured a favourable balance of several millions. "To us the chief interest lies in the development of her trade with Great Britain, more especially in butter. Fourfifths of New Zealand's export last year were taken by Great Britain; in other words, her export trade with Great Britain alone exceeded the total export trade of the Saorstat during the same year. New Zealand supplied Great Britain with 20 per cent, of the butter she required, while the Saorstat, with its great geographical advantages, did not sell one po d of butter for every three sold by the New Zealanders. Not the least notable fact is that while New Zealand's total exports of butter last year were less than those for .1924, her trade with I Great Britain in that commodity increased by over 20 per cent. The manufacture of' casein has now grown to be a considerable industry in the Dominion, while the Saorstat has in the last year lost the I one casein factory it possessed."