BUOYANT EXPORTS

Poverty Bay Herald, Volume LXIV, Issue 19339, 1 June 1937, Page 11

BUOYANT EXPORTS

TRADE IN APRIL VALUATION OF £8,402,000 IMPORTS INCREASE C7B.y><io The re! 111:1s of Now Zealand overseas trade for the month of April show the valuation of exports, with'specie excluded. to have been £8,402,000 in Now Zealand currency, or £2,265,000 tnorc than, in the. corresponding! month last year. It is substantially the highesttotal for any April since values have been expressed in New Zealand currency, and more than double, that shown in April, 1933 and 1935. Imports are also much higher than in any eorresponding month during the past five years, being £783,000 greater in value than for April last year. Following is a comparison of tint returns for April in the last five years, the values being for commodities only, exclusive of specie, expressed in New Zealand currency : Exports Imports Excess April £ £ £

A comparison for the four months

ended April in (lie past five years is as follows;

Exports for I ho first, 10 months of (ho production your, which opens in July, ni'o valued at, (10,841.000 more than those for the same period last season. Imports for the production year also show an increase of .08.851,000, compared with those for the first 10 months of 1935-36. 'file apparent favourable commodity balance is almost ulichanp'd at fi11,600.000 in New Zealand currency. The fif'd res for the 10 months, compared with those in the four previous years are :

Time 1 was no export, of specie in April. Tim imports for the month were valued at £36,607. For the four months ended April 30 tlie exports were valued at £3OOO and the imports at £BS/172.

1933 . .. 3,494.009 1.803.C00 1.691,030 1934 . .. 5.408.000 2.414.000 2,994,000 1935 . .. 3,896,000 2.839,000 1,057,000 1936 . .. 6.137,000 3.559.000 2,578,030 1937 . .. 8.402,000' 4,342,000 4,069,000

Exports ii Imports Excess April £ £ 1933 16,542,000 8,519,000 8.023,000 1934 23,493.000 9.685,000 13,808.000 .1935 19,556,000 11,337,000 8,219,000 1936 24.934.000 13,180,000 11,754,000 1937 30.682,000 17.326.000 13.356.000

July* Kor ports 1 mporls HxfiOSS April & £ . 1932-33 37,471,000 25.291,000 12.180.C00 1933-34 41,136,000 22,631,000 18.505.000 1934-35 35.400,000 28,921,000 6.479.000 1935-36 44.363,000 32.749,000 11.614,000 1936-37 53.204.000 41,600.000 11.600,000