TRADE FIGURES

Evening Star, Issue 19025, 21 August 1925, Page 3

TRADE FIGURES

A SEVEN MONTHS’ SURVEY BIGGER EXCESS OF EXPORTS. [Per United Press Association.] AUCKLAND, August 20. Tho latest trade figures showing the remarkable fertility of New Zealand and the industry of its people were rjnoted by the Hon. G. J. Anderson, Acting Minister for Industries and Commerce, in his address at the opening ceremony of the Auckland Winter Exhibition to-day. The Minister gave the following trade figures for tho first seven months of this year and last year:—

1925. 1924. Total exports ... £40,475,825 £56,363 073 Total imports ... 29,341,324 26,902,003 Excess of imports ... 11,134,501 9,561,070 It would thus be seen, said Mr Anderson, that both exports and imports this year had increased as compared with the figures for the corresponding period of last year, but that this year there was a better trade balance in favor of New Zealand. For tho year ended July 31, 1925, the exports totalled in' value £5(1,725,403, against £48,005.551 for the year ended July 31, 1924- Imports amounted to £51,000,924, against £45,532,484. The excess of exports for tho year just dosed was £5.058,539, compared with an excess of £3,073,007 ior tho corresponding period of last year. Tho Minister said that the inci-mr-ed exports for the first seven months of this year were mainly due to the increased value of wool exported, which showed an increase of £2,773,000 over tho figures for the first seven months of 1921, and of frozen meat, which showed an increase of £1,082,097. Sheepskins showed an increase of £493,205. The volume of butter exported had increased slightly, but tho value had decreased, while cheese exports had declined both in quantity and in value. Tho main lines of imports showing greatly increased value wore motor vehicles and accessories, which gave an increase of £838,438, and apparel, drapery, and textiles, which had increased by £45,000. The value of timber, manures, sheet iron, and tea had greatly increased. “The Mother Land takes tho hulk of our exports,” concluded the Minister. Ho stated that during the first seven months of tho year the United Kingdom had taken 80 per cent, of tho exports, valued at £32,309,223, while Now Zealand took 49 per cent, of her imports from Britain. Australia took. 4 per cent, of the dominion’s exports, and tho United States 8 per cent. From Australia came 10 per cent, of tho imports, and from the United States 15 per cent., largely motor cars.