CHINA

Imports Direct from Foreign Countries

In thousands of Haikwan taels (000 omitted)

1930 Hk. Tls.

1931 Hk. Tls.

1932 Hk. Tls.

Rice

...

121,234

64,376

119,229

Raw cotton

...

...

...

132,266

179,082

118,857

Cotton goods

...

149,839

121,078

89,731

Kerosene oil, liquid fuel, and lubricating oil Metals and minerals

65,043

79,757

75,076

...

...

75,881

85,125

60,102

Wheat ...

...

12,831

87,639

51,831

/

Sugar Paper

***

...

...

86,391

85,889

46,733

...

...

37,384

45,405

38,177

Flour

...

...

...

31,926

30,920

35,055,

Chemicals

46,905

48,713

34,827

Machinery

44,283

43,605

30,912

...

Tobacco

...

58,373

62,681

28,312

Dyes and pigments...

23,765

39,441

25,740

Wool and cotton unions and woollen goods + Timber...

24,616

32,564

22,315

23,178

34,685

20,681

* Exclusive of raw cotton.

+ Exclusive of sheep's wool.

EXPORTS.

A 9

Taking the statistics for 1931 and 1932 as they stand, the export trade declined by 46 per cent., but that, disregarding the misleading Manchurian figures, the actual decline was 38 per cent. It is obvious that if a full year's trade in Manchuria be- credited to 1931 and only the half year's trade of that area for which Customs figures are available be credited to 1932, an unfair picture of the decline in China's exports during the year under review would be drawn. A 38 per cent. decrease is bad enough,. but four other countries (including Germany and Austria) exceeded the 40 per cent. mark; exports from the United States declined by nearly 34 per cent.; France, the Netherlands and the Belgo-Luxembourg Economic Union all registered declines of over 35 per cent.; and the average decline in exports for all countries worked out at 24.6 per cent. These up-to-date statistics show very clearly the further extent which trade suffered throughout the world during 1932, and that the decline in China's export trade, serious as it was, has at any rate been no more extraordinary than that which occurred in many other countries during the year under review. Apart from the general depression in international trade, and the resulting protective barriers erected in other countries that have made it more difficult for Chinese produce to find' a market abroad, the outstanding feature of the year in the export trade has been the loss to the country of the benefit of the great agricultural shipments to foreign countries from Manchuria.

Exports Direct to Foreign Countries,

In thousands of Haikwan taels (000 omitted).

1930.

Hk. Tls.

1931.

1932.

Hk. Tls.

Hk. Tls.

Beans, and products of

184,923

209,954

79,703

Raw silk, cocoons, etc.

119,031

95,756

36,213

Eggs, and products of

51,161

37,758

28,409

Tea

26,284

33,253

24,762

Groundnuts, and products of

37,498

41,458

24,065

Raw cotton

26,499

26,961

20,655.

Cotton yarn

18,966

34,224

19,137

Skins, hides and leather

34,338

37,700

18,759

Cereals

30,403

22,024 :

17,103

Silk piece goods

19,564

24,412

15,710-

Wood oil

30,547

20,416

14,866

Ores, metals, and minerals, and

manufactures thereof

34,211

26,937

13,815,

Seeds and seed-cake*

35,561

33,008

12,579+

Coal

27,113

31,059

12,092.

*Exclusive of beancake and groundnut cake.

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