HC Deb 20 July 1931 vol 255 c1070W
Mr. LEES

asked the President of the Board of Trade the total value of British exports to the Argentine and the total imports from that country to Britain in 1930 and up to the end of June, 1931?

Mr. W. R. SMITH

During 1930 the total declared value of merchandise exported from the United Kingdom to the Argentine Republic was £25,714,000 (of which re-exports amounted to £444,000). The imports from the Argentine Republic were valued at £56,744,000. During the first quarter of 1931, the value of the exports was £5,033,000 (including re-exports £72,000) and that of the imports £13,761,000. Similar particulars for the second quarter of 1931 are not yet available, but I will send them to my hon. Friend as soon as possible.

Mr. LEES

asked the Secretary to the Overseas Trade Department the total amount of British capital invested in the Argentine?

Mr. GILLETT

I have no official information. The report of the British Economic Mission to South America, however, mentions that the amount of British capital invested in Argentina is estimated to be between £500,000,000 and £600,000,000.