BIG IMPROVEMENT

Evening Post, Volume CXL, Issue 63, 12 September 1945, Page 8

BIG IMPROVEMENT

OVERSEAS TRADE

SEVEN MONTHS' FIGURES

The overseas trade, position of wew Zealand for the first' seven months of this year shows a vast improvement when compared with that for the corresponding period last year. Details supplied by the Customs Department today state that for this period, ended July 31 last, there was a favourable balance of £18,567,000; the same seven months in 1944 yielded an adverse balance of £18,837,000. Exports in 1945 were more than £8,000.000 higher at £49.574.000, while imports dropped by £24,000,000 to £31,007.000. For July exports at £5,421,000 left a favourable balance of £369,000, as against an adverse figure of £3,947,000 for July, 1944, and one of £5,727,000 for July, 1543. The following table compares the position over the last five years, the imports values including defence materials and equipment, and lendlease supplies:—

Month of July, 19-15 1044 1043 la-l'i 1041 Exports. Imports. £(X.Z.). &{X.Z.). 5,-m,000 .'',052,000 . 0,287,000 10,231,000 .. H, 496,000 11,223,000 . . 0.784.000 5,490,000 .. r..l9(i.000 ■],338,000 Kxcess of exports. 4i(X./.). 369,000 P.,047,000* 5,727.000* 4,1!1M,000 SjS.000 Seven months ended July, 10-15 1044 19 43 1942 3941. £(\.Z.). 4i(N.I4.). .. ..!!»,374,000 81,007,000 .. 41.S04.000 55,141,000 .. 39,140,000 r'.'{,503,000 . . 53,001,000 a9,75S,000 . . 41,833.000 26,395,000 cf imports. £(s:/,.). 18,507.000 13,S37,000* 14,453,000* 23.243,000 15,158,000