OVERSEAS TRADE
SIGNS OF THE TIMES
DECREASE IN EXPORT VALUES.
EFFECT OF WOOL SLUMP.
Wellington, March 6. While the marked decline In values la largely cancelled by the largely increased exports of butter, the effect M the depressed state of the wool market le clearly shown in the latest oversea trade figure*, those for January, issued yesterday by the Customs Department.
The value of the January export* was over £2,000,000 les* than for th* corresponding month last year, approximately three-quarters of the decrease being accounted for by lower value and lessened shipments of wool. The exports during January were valued at £6,377,853 as against £B, 449,931 for the corresponding month of last year, a decrease of £2.072,078. While the import* for the month were only £128,458 Im* than for January 1929. the big decreaaa in exports hae very nearly halved the excess of exports over import*. The following table affords a comparison of the January figures for the last three year*:— ' Excel, of
Exports. Imports Exports. Jan. £ £ £ 1980 8,377,863 4,190,689 2,187,221 1929 8,449,931 3,319,091 4,130,840 1928 7,606,386 3,770,020 3.836,366
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Bibliographic details
Hawke's Bay Tribune, Volume XX, Issue 70, 6 March 1930, Page 5
Word Count
179OVERSEAS TRADE Hawke's Bay Tribune, Volume XX, Issue 70, 6 March 1930, Page 5
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