The Archive · 1939

Decline in American Trade

Particularly noticeable in the report was a decrease in the trade with the American continent. Imports from the Argentine and Brazil. which included principally maize, wool. nuts. cats and cotton, dropped off sharply as compared with last year. Coffee imports from Brazil declined in value, this being due to a drop in the coffee price because in volume coffee imports exceeded those of last year by 12 per cent.

'A pronounced growth was recorded n the trade with Colombia, Uruguay and Mexico, this being confined, however, to the import trade because with these countries, as with all South American countries, the German export trade showed a decrease.

Imports from the United States which had increased during 1938. also fell off sharply while exports maintained the same level.

The exchange of goods with the overseas possessions of the European powers decreased in volume. imports declining while exports remained at the same figures. The declining ten-Aency in imports applied particularly o British India. Nigeria and Aus-rahs. The total volume of trade Metween Germany and the Netherlands East Indies also dropped Trans-Ocean.

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

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