OVERSEAS TRADE

New Zealand Herald, Volume LXXVI, Issue 23487, 26 October 1939, Page 7

OVERSEAS TRADE

SEPTBIBEB, FJGUBES_ EXPORTS £187,000 LOWER IMPORTS DO\lN BY £1,137.000 Exports for September were £187,000 lower in value than for the corresponding month last year, according to the preliminary figures of overseas trade for tho period issued by i the Customs.• Department in Wellington yesterday.'. The total is £905,000 below that for September, 1937, and is, in fact, the lowest to be recorded since. 1935. Imports have decreased in value by £1,137,000 compared with' the level a year previously and are back_ to approximately the figure shown jn 1935. Following are the values i::.Ne\v Zealand currency, of commodity exports and imports i'or September ill the past seven years:— " Excess of Exports Ira ports Imports 1033 ..2,173,000 2,525,000 352,000 1034 .. 2,4 17,000 2,553,000 . 106,000 1035 .. 2,600,000 3,160,000 470,000 1036 .. 3,081,000 4,423,000 442.000 1037 .. 3,002,000 5,403,000 1,501,000 1038 .. 3,1 S 1,000 4,821,000 1,637,000 1030 .. 2,007,000 3,654,000 087,000 Returns for the first .nine months of the calendar year show exports valued at £662.000 loss than for the same portion of 1938. Imports aro J £1.480,000 lower than during the preceding nine months. As a residt tho i commodity balance has risen bv £BIB,OOO. from. £6,493.000 to " £7.311,000. _ " - Following is a summary of the returns for the past seven years: — Nino Excess of Mths. Exports Imports Exports £ £ -"-' £ 1033 . 31,453.000 18,002,000 12,551.000 1031 . 30.£77,000 2'2,.inn,000 17,468.000 1035 . 35,803,000 26,456,000 0.437,000 1036 . 46,042,000 31,811,000 14.231,000, 1037 . 55 281,000 41,082.000 13,302.000 1038 . 48,007,000 41,604,000 6.403,000 1030 . 47,435,000 40,124.000 7,311,000 Taking the beginning of July as tho opening of the export season'gives tho " figures for tho last three months slono * a special interest. They are:—• .TulyScpt. 1930 103S Decrease £ * £ £, Exports 10.653,000 10,700.000 137|000 Imports 11,037,000 11,405,000 2,555.000 There were neither exports nor imports of specie during September. For the nine months ended September the exports were valued at £2795 and the imports at £14.600, both values being in New Zealand currency.