HC Deb 16 February 1932 vol 261 cc1474-5W
Sir P.HARRIS

asked the President of the Board of Trade what was the value of imports into, and exports from, the United States during the years 1929, 1930, and 1931, respectively; and how the percentage decline in the American figures compares with the corresponding figures for this country?

Mr. RUNCIMAN

The following table shows the total value of merchandise imported into and exported from the United States in each of the years 1929 to 1031, together with the percentage decline in this trade in 1930 and 1931, compared with 1929 and the corresponding figures for the United Kingdom.

— 1929. 1930. 1931.
United States (a): Million £. Million £. Million £.
Total Imports … 903.9 628.9 429.4
Exports—Domestic merchandise … 1,059.6 776.9 488.6
Foreign merchandise … 17.2 12.7 9.4
Percentage decline compared with 1929:
United States: Per cent. Per cent.
Total Imports … — 30.4 52.5
Exports—Domestic merchandise … — 26.7 53.9
Foreign merchandise … — 26.1 45.3
United Kingdom:
Total Imports … — 14.5 29.4
Exports—Domestic merchandise … — 21.7 46.6
Imported merchandise … — 20.8 41.6
(a) Conversions from the original currency into sterling have been made at the approximate par rate of exchange, i.e., 4.867 dollars = £1.

Note.—The figures for 1931 are provisional.

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