48. Mr. MALONEasked the President of the Board of Trade what is the difference in this country in pounds sterling of our import and export trade in 1913 and in 1921?
§ Mr. BALDWINThe answer involves a statistical table which, with the permission of the House, I will have circulated in the OFFICIAL REPORT.
Mr. MALONEWill the right hon. Gentleman say what proportion of the decrease of trade is due to the Treaty of Versailles?
§ Following is the Table promised:
§ The following statement shows the declared values of imports into and exports from the United Kingdom registered during each of the years 1913 and 1921:—
927| — | 1913. | 1921. | Increase (+) or decrease (-) in 1921. | |
| £ | £ | £ | ||
| Imports | … | 768,735,000 | 1,086,687,000 | +317,952,000 |
| Exports of British produce and manufactures | … | 525,254,000 | 703,196,000 | +177,943,000 |
| Exports of Foreign and Colonial merchandise | … | 109,567,000 | 107,052,000 | -2,515,000 |
§ In view of the great differences in the levels of prices in the two years, these figures give but little indication of the quantities of goods imported and exported. The table below gives estimates
| — | 1913. | 1921. | Decrease in 1921. | |
| £ | £ | £ | ||
| Imports | … | 768,735,000 | 570,912,000 | 197,823,000 |
| Exports of British produce and manufactures | … | 525,254,000 | 261,647,000 | 263,607,000 |
| Exports of Foreign and Colonial merchandise | … | 109,567,000 | 85,612,000 | 23,955,000 |
§ The figures are discussed in greater detail in the Board of Trade Journal for 19th January, 1922.