EXPORTS LOWER

Nelson Evening Mail, Volume 76, 19 June 1941, Page 4

EXPORTS LOWER

£2,862,000 DECREASE £505.000 FALL IN IMPORTS A decrease of '.862,000 in the value of exports compared with the figure for the corresponding month last year is shown by the preliminary return of overseas trade for April, issued by the i Customs Denr.rtment in Wellington i yesterday. Imports were lower also, the fall in this instance being £505.000. Following is a comparison of the returns for April in the past five years:-

| Exports for the first ten months of | the production year, ending 30th June, } were £2.459.000 more than in the same J portion of the preceding season. The figure is the highest for the past five years, being £605.000 greater than the nearest comparable total, that for ten months in 1936-37. Though imports were £1.344,000 higher than for the corresponding period last season, their value is the second lowest in five years, while the commodity balance at £ 16.843.000, is the greatest during that period. The figures for the ten months compared with those in the four previous

Export* Import* Excess 8.402.000 4 342.000 92.001) 4.933 000 3.777.000 1.156.000 8.423.000 4.364.000 4.059.000 1941 5.561.000 3.859.000 1.702.000 A comparison for the four months ended April since 1937 is as follows: — 1 mpnrt n Excess £ 1937 13.356.00U 25.122.000 19.342.000 5.780.000 1939 24.999.000 17.651.000 7.348.000 1940 30 123.000 12.422.000 15.701,000 1941 24.700.000 12.838.000 11.862.000

easons are:— Exports Imports Excess £ £ £ 36-37 .... 53 204 000 41.600.000 11.604.000 37 38 ... 53 735.000 49.766.000 *31 000 38- .. 46.0*8.000 45.9*4 000 104.000 39- . 51.350.000 35.622 000 15.728.00U 40 41 ... 53.809.000 36.96b.000 16.843.00U ♦Excess of imports.