UPWARD TREND

Waikato Times, Volume 129, Issue 21480, 23 July 1941, Page 7

UPWARD TREND

EXPORT VALUES £ 1,629,000 RISE IN MAY SEASONAL RECORD POSSIBLE Exports during May, valued at £G,644,00u, were £i,o29,UUu higher than lor the corresponding month last year. The valuation is given in the preliminary return of overseas trade for tne month, issued by the customs Department. imports were slightly lower, the decrease being J£l3,uuu. following rs a comparison of the returns for May in the past live years:— May Exports Imports Excess 1937 .. 5,9115,000 4,441,000 1,484,000 1938 .. 0,971,000 4,184,000 2,U87,0UU 1939 .. 6,07 B,UOU 5.338,000 1.340,000 1940 .. 5,015,000 5,549,000 *534,000 1941 .. 6,044,000 5.530,000 1,108,000 • Excess or Imports. A comparison or the live months ended May iu the past live years Is as follows: May Exports Imports Excess £ £ £ 1937 36,607,000 21,767,000 14,810,000 l 1938 31,393,000 23,526,000 7,867,000 ! 1939 31,637,000 22,989,000 5,648,000 19 10 35,138,000 19,971,000 15,167,000 1941 31,344,000 18,374,000 12,970,000 With exports for the llrst 11 months or the production year, which closed on June 30, at £6,453,000, there is a good prospect that the record level or £05,859,000 reached last season will be at least equalled. The June value of exports has usually exceeded £5,000,000, and last year reached £9,494,000. The excess of exports over imports is £17,951,000 Tor 11 months, compared with the final llgure, £19.789,000 last season. Figures fop the 11 months compared with those In the four previous seasons July-May Exports Imports Excess £ £ £ 1936- 50,138,000 46.1 16.000 13.012,000 1937- 56,006,000 53,960,000 2,0 16,000 1938- 52,706.000 51,302,000 1,404,000 1939- 10 56.3C5.000 31,17 1,000 15,194,000 1940- 60,153,000 42,502.000 17,951,000