A8

CHINA

1935.

1936.

SA. S

St. S

1937. St. $

Stone, Earth, Sand, and Manufactures

thereof (including Chinaware

and

Enamelledware)

3,330,844

4,074,490

4,709,951

Timber, Wood, and Manufactures thereof

1,917,243

3,006,530

3,535,971

Bamboo

2,543,409

2,934,595

2,980,323

Fishery and Sea Products

3,098,475

3,179,541

2,744,373

Printed Matter

2,209,714

2,389,114

2,560,512

Dyestuffs, Vegetable

2,300,171

1,514,701

1,815,087

Spirituous Beverages

1,013,096

1,129,152

1,536,229

Glass and Glassware

250,324

372,329

432.218

Rattan

Sugar

Sundry List

TOTAL

113,507

· 200,138

159,078

2,018

3,995

6,770

... 25,048,303

24,638,676

27,657,193

.575,809,060

705,741,403

838,255,705

.

·

As will be seen, textile fibres continued to head the list,, the principal increases being $3.1 million under raw cotton, $9.5 million under silk, and $4 million under sheep's wool. The export of hemp, ramie, and goats' wool showed some decline. Next in order, oils, tallow, and wax displaced animals and animal products, there being an increase in the value of groundnut oil of $6.3 million and in wood pil of $16.5 million. Under animals and animal products, the principal increase occurred under eggs and egg products, which improved in value by $11 million, The total value of ores, metals, and metallic products increased from $56.7 million to $102.4 million, wolfram ore (tungsten) being higher in value by no less than $31.4 million and tin ingots and slabs by $12.9 million. Hides, leather, and skins (furs) rose from seventh to fifth place, with a total value of $53.8 million as compared with $40.5 million for 1936, the increase being general over all the major varieties of skins. The export of yarn. thread, plaited and knitted goods was higher in value by $1.2 million only, cotton yarn declining in value by $7.5 million, with increases of $5.2 million under drawn-thread work, of $1.5 million under cross-stitch work, and of $2.6 million under lace and trimmings. The export of seeds declined in value by $4.9 million, sesamum seed falling from $18.6 million to $14.5 million. The value of tea exported remained the same at $30 million. Piece goods, tobacco and beans and peas all declined, as did cereals and cereal products, from $24.8 million to $15.2 million. Other exports, such as fruits, medicinal substances, other textile products, vegetables and vegetable products, chemicals and chemical products and paper, showed some improvement.

SHIPPING AND FREIGHT IN 1937

·

The world total of mercantile tonnage under construction at the close of 1929 was 3,110,900 tons this figure fell to 757,300 tons for 1933, stood at 2,251,200 tons at the end of 1936, and rose to 2,900,200 tons for the year 1937. Mercantile shipping launched in 1930 totalled 2,889,500 tons, fell to 489,000 tons in 1933, recovered to 2,117,900 tons in 1936, and to 2,648,700 tons in 1937. Average ship- ping launched for the period 1926-29 was 2,363,000 tons, so that, even allowing for the intensification of naval construction, the figures for mercantile launching have all but recovered to pre-depression levels. With a reduction in the volume of idle tonnage, actual total tonnage for the year ending June 1937 was 66,286,000 tons as compared with 65,063,600 tons at the end of June 1936. According to the "Economist" index of freight rates based on 1913-100, the average level of freight rates improved from 80.8 in January 1936 to 110.2 for December 1936. For the year 1937 the figures were 116.5 in January and 108.6 in December.

The total tonnage entered at the 15 leading ports of the world during 1936, the last year for which comprehensive figures are available, is shown hereunder :

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