H.—44.

The principal countries of origin of New Zealand's imports during 1934 are shown in the next table in comparison with the figures for the three preceding years

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

Imports from British countries during 1934 increased by £4,407,052 when compared with 1933, and imports from foreign countries increased by £1,102,832. In 1934 imports from British countries represented 75-7 per cent, of total imports, as compared with 74-6 per cent, in 1933, while imports from foreign countries represented 24-3 per cent., in comparison with 25-4 per cent, in 1933. In the table given below imports from each of the principal countries trading with New Zealand are shown for the past four years as percentages of total imports.

Tie principal feature disclosed by tie foregoing table is the steadily increasing proportion of our total imports obtained from the United Kingdom. This has increased from 49-17 per cent, in 1931 to 51-46 per cent, in 1934. A further feature worthy of notice in the 1934 figures is the substantially increased percentage of imports taken from Canada. The proportion derived from Australia showed a slight recession. Trade with the United Kingdom. Exports from New Zealand to the United Kingdom for the calendar year 1934 were valued at £40,873,140, as compared with £35,571,509 for 1933, an increase of £5,301,631, while imports into New Zealand from the United Kingdom increased by £3,084,347, from £10,789,280 in 1933 to £13,873,627 in 1934. Our exports to the United Kingdom in 1934 represented 82-36 per cent, of total exports, in comparison with 86-12 per cent, in 1933, while imports from the United Kingdom in the same two years represented 51-46 per cent, and 50-29 per cent, respectively.

5

1931. 1932. 1933. 1934. British Possessions, Protectorates, &c. — £ £ £ £ United Kingdom 12,192,649 11,496,027 10,789,280 13,873,627 India .. 392,088 354,647 461,539 534,043 Ceylon 617,042 351,567 442,628 468,548 South African Union .. .. 69,978 76,970 40,517 44,875 Canada 1,224,569 1,007,178 1,012,250 1,677,764 Australia .. .. .. 2,437,955 2,681,393 2,674,683 3,238,124 Fiji 102,979 106,041 84,877 82,535 All other British countries .. .. 394,479 484,293 487,187 480,497 Totals, British countries .. 17,431,739 16,558,116 15,992,961 20,400,013 Foreign Countries and Possessions — United States .. .. •• 3,885,073 3,267,086 2,383,451 3,000,613 France .• •• 327,646 269,789 198,639 192,653 Germany .. .. .. 574,500 459,971 378,753 386,116 Belgium .. • • 289,478 179,970 138,620 109,712 Japan 304,532 434,636 .541,346 669,278 Dutch East Indies .. .. •• 848,216 793,622 798,579 1,105,740 All other foreign countries .. .. 1,151,774 1,081,916 1,019,033 1,097,141 Totals, all foreign countries .. 7,381,219 6,486,990 5,458,421 6,561,253 Totals, all countries .. .. 24,812,958 23,045,106 21,451,382 26,961,266

. : Country of Origin. | 1931. 1932. 1933. 1934. Per Cent. Per Cent. Per Cent. Per Cent. United Kingdom .. .. .. 49-17 49-91 50-29 51-46 India .. .. •• •• 1-58 1-54 2-20 1-98 Ceylon .. ■ ■ • • ■ • 2-49 1 • 53 2-07 1-74 South African Union .. .. 0-28 0-33 0-15 0-17 Canada 4-94 4-37 4-72 6-22 Australia .. .. •• 9 "80 11-64 12-47 12-01 Fiji .. .. .. .. 0-42 0-46 0-39 0-31 United States .. .. 15-65 14-18 11-11 11-13 France 1-32 1-17 0-92 0-72 Germany .. .. 2-32 2-00 1-77 1-43 Belgium .. .. .. 1-17 0-78 0-65 0-41 Japan .. •• •• 1-23 1-89 2-52 2-48 Dutch East Indies .. .. •• 3-42 3-45 3-72 4-10