Trade With Java.

Thames Star, Volume LXV, Issue 19271, 28 November 1934, Page 4

Trade With Java.

UNFAVOURABLE BALANCE. BIG EXCESS OF IMPORTS. BUTTER EXPORTS DECLINE. New Zealand's imports oC Dutch East Indies or Javan produce last year were worth 700 times as much as the Dominion's exports of its own produce to Java; with which the for Industries and Commerce, Mr. R. Masters, is reported to desire to develop trade. The value in New Zealand currency of the goods received in the Dominion from the Dutch East Indies last year was £987,664, and the total export to them of New Zealand produce was £1417. The two chief items in New Zealand's export to Java were butter worth £6ll, and dried and preserved milk and cream worth £473. The other items included casin worth £l2O, tinned meat worth £145, preserved fish £l7, binder twine £l2, provisions £9, cheese £5, and small quantities of sugar, beer, tobacco and spirits. Declining Butter Trade. The export of butter to the Dutch East Indies has diminished steadily since 1929, until it is now not a tenth of that year's figure. The value of butter exports in 1929 was £BBOB, while in 1933 it was £6ll. The export of dried and preserved milk and cream has increased slightly, as it has also to some other Eastern countries. The trade in this product to China has increased steadily since 1929, and last year Avas worth £4642. The quantity exported to Malaya was worth £14,966, nearly three times as much as in any year since 1929, except 1932, when it was £23,000. Supplies of Sugar and Petrol. The chief imports from the Dutch East Indies last year were petrol and sugar, which between them amounted to £915,000 in New Zealand currency, or more than nine-tenths of the total imports. Petrol was worth £357,000 and sugar £558,000. The other items were paraffin wax (£32,700), kapok (£25,000), edible nuts (£12,000), and tea (£400). Tke total imports were £9OOO more than in 1932. Of its total imports of motor spirit New Zealand takes a quarter from the Dutch East Indies, and nearly two-thirds from the United States. More than four-fifths of New Zealand's sugar imports come from the Dutch East Indies. Of the remainder 6 per cent, comes from Cuba, while Fiji and the United States between them contribute a similar amount, and Australia only 1£ per cent. This shows that a great change has taken place since 1924, when more than half the sugar imported came from Fiji, a fifth from the Dutch East Indies, and an eighth each from Australia and Peru.