Big Lift In Dominion's Export Margin

Northern Advocate, 30 January 1940, Page 5

Big Lift In Dominion's Export Margin

[Special to “Northern Advocate ’M AUCKLAND. This Day. Exports in December last year were £290,000 lower in value than in December, 1938. but a big fall of £1,713,000 in imports converted the previous year's December import surplus into a substantial excess of exports. The year's figures reveal an export margin of £8,622,000. as compared with £2.945,000 the previous year. These are the outstanding features of the Dominion's latest overseas trade returns, issued by the Customs Department. Effect of Restrictions The effect of the import restrictions is seen in the drop in the figures after two years of heavy import trade. Following is a comparison of the returns for December in the past six years, values being of commodities only, with specie omitted, expressed in New Zealand currency:

Yearly Returns Following is a comparison of the returns for the past six calendar years, shewing the increase in the export margins. Excess of

DecemExcess of ber Exports Imports Exports 1934 2,593,000 2,791,000 198,000* 1935 3.922,000 3,214,000 708.000 193G 4.322,000 4.294,000 28,000 1937 4,417,000 4.608,000 191.000* 1938 3.728,000 4,765,000 1.037,000* 1939 3.438,000 3,052,000 386,000 of imports.

Exports Imports Exports 1934 47,343,000 31,340,000 16,003,000 1935 46,538,000 36,317,000 10,221,000 1936 56,752,000 44,259,000 12,493,000 1937 66,713,000 56,161,000 10,552,000 1938 58,376,000 55,422,00 2,954,000 1939 58,009,00p 49,387,000 8,622,000