The Archive · 1938

FRANCE'S FOREIGN TRADE IN JANUARY

Paris, Feb. 8.

The value of the French imports during the month of January, 1038. amounted to 3,892,315,000 Francs and aggregated quantitatively 4,221,777 tons, ie. 559,811,000 Francs more but 539.47 tons less than in January, 1997. The exports during January, 1938, amounted only to 2,451,631,000 Francs measured by value or 2,794, 499 tons measured by quant which represents an increase of the exports of 682842000 Francs in value and an increase of 376010 tons in quantity.

The increase in the value of exports and imports compared with those of a year ago is largely explained by the rise in prices owing to the Franc devaluation. The increasing export measured by quantity is however a cause for deep satisfaction since the negative trade balance has for years past occasioned profound concern.—Trans-Ocean.

Text read from the printed page and cleaned; old type leaves the occasional error.

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