OVERSEAS TRADE

Wanganui Chronicle, Volume 89, Issue 268, 13 November 1945, Page 3

OVERSEAS TRADE

SEPTEMBER RETURNS FURTHER DECLINE SHOWN A further decline in the volume of the Dominion’s overseas trade in shown in the figures for September, the total of £lO 855,000 comparing with £12,286,000 in August and £12,602,000 in September, 1944. Imports at £4,933,000 were £386,000 lower than those of August and £665,000 below the figure for September of last year. Exports were also lower, falling from £6,967,000 in August to £5,922,000. The export figure for September of last, year was £7,004,000. A favourable trade balance of £989,000 for the month compare.? with an excess of exports of £1,406.000 in the corresponding month of 1944. For the first three months of the export season from July, imports decreased to £15,304.000 from £28,786,000 in the corresponding three months of 1944 a fall of £13.482,000. Exports declined by £2,670,000, this season’s figure being £18,310,000. Following are the values of exports and imports for September in the past five years:— Excess

For the first nine months of the calendar year exports have shown ati increase of £6,466 000 over the corresponding figures of last year, while imports have shown a marked decline, the figure of £41.259,000 for this year comparing with £73,693,000 last year. A favourable balance of £21,204,000 to September this year compares with an excess of imports of £17,696,000 at the same date 12 months ago. A summary of the returns for nine months for the past five years is as follows :

Imports 15 304,000 28,786,000 13,482,000 Import values Include defence materials a nd equipment and also lend-lease supplies.

Sept. Exports Imports of exports £ £ - £ 1941 7,806,000 5.164,000 2,642,000 1942 9,489,000 4 926,000 4,563,000 1943 7,068,000 10,520,000 *3,452 000 1944 7,004,000 5,598,000 1.406,000 1945 5.922,000 4,933,000 989,000 *Excess of imports

Jan. Exports Imports Excess Sept. £ £ £ 1941 52,273,000 35 650,000 16,623,000 1942 67,313,000 38,283,000 29,030000 1943 52,701,000 74931,000*22,230,000 1944 55,997,000 73,693,000*17,696,000 1945 62,463,000 41,259,000 21,204000 •Excess of imports. From July, the opening of the export year, figures for the past three months are:— 1945 1944 Variation £ £ £ Exports 18,310,000 20,980,000 -2,670,000