IMPORTS AND EXPORTS

Evening Star, Issue 19002, 25 July 1925, Page 3

IMPORTS AND EXPORTS

SOME SIGNIFICANT FIGURES CUSTOMS AND EXCISE REVENUE. Including the tyre tax credited direct to Main Highways Account, the total Customs revenue for the past financial year (£7,689,192) showed the substantial surplus of £327,409 over the collections for tho previous year. ' The following table sets out the principal sources of revenue; —

These results are due to the general buoyancy of trade in the dominion and to the satisfactory average prices our products have realised. The following table shows the values of imports and exports for each of the past six financial years:—

The principal items of export in 1924-25 were;— ' £ Dairy produce (butter, £12,003,265; cheese, £6,101,580) 18,224,845 Wool. 17,379,249 Meat ... 9,585,315 Shins and hides 3,347,491 The excess of exports over imports is less than for any of the three preceding years, and this movement may bo followed in some degree by a relative falling off of imports. The Budget for last year forecasted changes in the conditions which entitle goods to preference under the Customs tariff. Negotiations are still proceeding, and it is expected that onr future policy will be announced at an early date.

3924-25. 1923-24. Increase. £ £ £ Spirits ... ... ... „. ... ... ... .1,149,712 1,079,784 69,928 Tobacco, cigars, cigarettes ... ... 1,336,182 - 1,271,135 65,047 Apparel and textiles ... ... 1,664,170 1,798,287 *134,117 Motor vehicles, tyres, and parts ... 912,567 770,132 142,435 Other goods ... ... ... ... ... ... 2,174,887 • 2,025 £47 149,640 Primage . ... ... ... ... 451,674 „ 417,198 34,476 Totals ... ... ... ... ... £7,689,192 * Decrease. £7,361,783 £327,409

Imports. Exports. Excess of Exports. £ £ £ 1919-20 ... 32,162,029 50,776,650 18,614,621 1920-21 ... 67,463,269 48,219,672 19,243,597* 1921-22 ... 35,986,060 43,794,883 7,808,823 1922-23 ... 37,112,779 45,548,700 8,435,921 1923-24 ... 44,401,756 51,652,606 7,250,850 1924-25 ... 49,821,095 54,771,158 4,950,063 * Excess imports.