H.—44.

Exports. The table below sets out the quantities and values of the principal commodities exported from New Zealand in each of the past two calendar years : —

The 1934 figures reveal increases over 1933 in quantities and values of exports of beef, hides and calf-skins, rabbit-skins, and kauri-gum, while decreases in both quantities and values occurred in the case of butter and tallow. Lesser quantities of lamb, mutton, pelts, wool, gold, and sausage-casings were exported, but the value was higher in each case. In the case of cheese a decrease in value was recorded despite a small increase in quantity. The most notable increase in value occurred in the case of wool —namely, an increase of £5,095,273. The direction of our export trade in 1934 is disclosed by the table which follows, the figures for the three previous years being also given for purposes of comparison : —

Value of New Zealand's Exports (including Specie) according to Country of Destination, 1931-34.

Exports to all British countries during 1934 increased by £6,046,120, and those to foreign countries increased by £2,278,676. In 1934 exports to British countries represented 88-0 per cent, of total exports, as compared with 91-6 per cent, in 1933, while exports to foreign countries represented 12-0 per cent, in 1934 in comparison with 8-4 per cent, in 1933.

3

1933. 1934. Item. 1 ' " " : Quantity. Value. Quantity. Value. £ £ Butter .. Cwt. 2,635,247 11,648,699 2,614,519 10,042,776 Cheese .. .. „ 1.982,932 4,766,319 1,984,496 4,694,459 Beef, frozen .. .. „ 794,652 801,009 827,310 871,359 Lamb, frozen .. .. ,, 2,823,272 6,678,161 2,584,405 7,903,337 Mutton, frozen .. .. ,, 992,744 1,310,375 901,938 1,595,564 Hides and calf-skins .. No. 1,292,014 544,385 1,586,234 627,371 Rabbit-skins .. .. ,, 10,378,388 224,199 13,035,015 257,585 Pelts .. „ 11,813,685 609,630 9,243,726 725,782 Wool .. •• Bales 823,735 7,421,152 741,916 12,516,425 Tallow Tons 28,020 516,063 27,662 480,354 Kauri-gum .. .. ,, 3,089 77,973 3,209 86,917 Gold .. .. Oz. 187,021 1,343,599 167,160 1,353,715 Sausage-casings .. .. Lb. 4,525,194 394,461 4,524,412 625,394 Other items .. .. •• •• 4,965,926 .. 7,845,709 Total exports .. .. . • 41,301,951 .. J 49,626,747

• ~~~~ ' ' i i 1931. j 1932. I 1933. 1934. I I British Possessions, Protectorates, &o. — £ £ £ £ United Kingdom 30,940,654 32,449,231 35,571,509 40,873,140 Australia . .. 1,169,055 1,444,860 1,393,311 1,922,516 Canada .. .. .. ■■ 256,890 244,160 560,875 697,865 All other British countries .. .. 311,114 316,074 292,486 370,780 Totals, British countries .. 32,677,713 34,454,325 37,818,181 43,864,301 Foreign Countries and Possessions — United States 920,931 940,015 1,188,972 .1,250,364 Belgium .. •• 146,335 167,629 330,284 612,646 France •• •• 419,016 508,960 738,176 1,228,699 Germany •• •• 309,847 289,917 376,886 944,310 Japan .. •• •• •• 267,899 236,799 354,462 856,014 All other foreign countries .. .. 411,287 368,135 494,990 870,413 Totals, all foreign countries .. 2,475,315 2,511,455 3,483,770 5,762,446 Totals, all countries .. .. 35,153,028 36,965,780 41,301,951 49,626,747