TREND OF BRITISH TRADE

Taranaki Daily News, 14 December 1932, Page 9

TREND OF BRITISH TRADE

NCREASE IN LAST MONTH

IMPROVEMENT IN THE BALANCE.

IMPORTS SHOW GREAT DECLINE.

British Official Wireless. * Rec. 5.5 p.m. Rugby, Dec. 12. The United Kingdom trade returns for November show slight increases of both imports and exports in comparison with the previous month’s figures. The improvement'in the trade balance is indicated by a decline of over £21,000,000 from last November’s imports, against a decrease of £150,000 in exports. For the 11 months of the year the imports show a decrease of £142,500,000 and the exports a decrease of £24,000,000 in comparison with the figures for the corresponding period of 1931, the 1932 figures being imports £642,575,000 and exports £332,641,000. November returns show the following declines: Imports £61,556,000, exports £31,093,000, re-exports £4,059,000. The principal decreases in imports were grain and flour £1,162,000, food and drink £2,768,000, iron and steel and manufactures thereof £2,163,000, electrical goods and apparatus £833,000, machinery £884,000, cotton yarns and manufactures £806,000, woollen yams and manufactures £1,467,000, apparel £1,332,000,. chemicals £1,115,000 and leather manufactures £1,083,000. The . principal declines in exports were iron and steel , and manufactures thereof £326,000 and machinery £471,000. The principal increases in imports were: Tobacco £568,000 and wool £358,000, and in exports cotton yarns and manufactures £272,000 and vehicles £240,000.