OVERSEAS TRADE.

Manawatu Standard, Volume LX, Issue 166, 13 June 1940, Page 12

OVERSEAS TRADE.

INCREASE IN EXPORTS. Exports from New Zealand during April were exceptionally heavy, and were valued at £8,423,000, which is a record high level for' this time of the year. Imports during April were also well up at £4,364,000. According to the overseas trade returns issued yesterday by the Customs Department, the exports and imports for April for the last three years were: Excess of

Exports during April of this year at £8,423,000 show an increase of £3,490,000, or more than 70 per cent., compared with those for April, 1939. Imports at £4,364,000 were £587,000 in. excess of those for April of last year, and only £91,000 less than the imports for April, 1938. During the four months of the present year to April 30 exports were valued at £30,123,000, compared witli £24,999,000 for the corresponding period of 1939, an increase of £5,124,000. The effect of restriction is seen in the figure for imports, which during Die latest four months were valued at £14,423,000, compared with £17,651,000 for the corresponding period of last year, a decrease of £3,228,000. The latest figure is £4,919,000 below that for the four months of 1938. Export and import values for the first four months of the last three years are shown in the following . comparative table:— .

It will bo seen that the active balance of exports over imports for the latest folir months is £15,700,000, or well over double that for the corresponding period of last year.

Exports Imports exports April £(N.Z.) £(N.Z.) £(N.Z.) 1940 ... ... 8,423,000 4,364,000 4,059,000 1939 ... .... 4,933,000 3,777,000 1,156,000 1938 ... .... 4,547,000 4,455,000 92,000

4 months Excess o£ ended Exports , Imports exports April £(N.Z.) £(N.Z.) £(N.Z.) 1940 30,123,000 14,423,000 15,700,000 1939 , 24,999,000 17,651,000 7,348,000 1938 25,122,000 19,342,000 5,780,000