Taking principal foreign countries with which Australia does business, aggregate exports to these were: £62,010,767 in 1986-87, compared with $49,134,690 in the previous year, Im~ ports were slightly larger in 1930-37 at £95410,022. 'These figures give a favourable' balance of trade with foreign countries of £16,899,845, compared with £8,677,244 in the previous 42 months.. Thus the severe' loss. of trade with' Japan was more than compensated for by increased trade with other foreign countries.
Because of a favourable balance of £2498,241 sterling with the United kingdom In_ 1996-37, gain'of about £8 million in the 12 months, Austra~ la had a favourable balance' of mora than £21,500.000 a8 q result of her} trade with British countries last fin-
Text read from the printed page and cleaned; old type leaves the occasional error.