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An Analysis of American Exports

5th April 1932, Page 56
5th April 1932
Page 56
Page 56, 5th April 1932 — An Analysis of American Exports
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Which of the following most accurately describes the problem?

THE complete returns now available for last year reveal the serious effect of the world trade depression on the overseas demand for American commercial vehicles. In 1931, 47,927 vehicles, valued at £4,995,570, were shipped, contrasted with 84,542 (£11,164,268) in 1936 and 196,758 (22,287,026) in 1929. Thus, as compared with two years ago, there has been a drop in number of 148,831 and in value of .£17,291,456.

An analysis of the return shows that the exports represented 11.5 per cent, of the total American commercial-vehicle output, as against 10 per cent. in the preceding year. They consisted of 7,768 vehicles with a capacity of under a ton, 34,997 between a ton and 30 cwt., 3,611 between 30 cwt. and 2i. tons, and 1,375 over 2i tans, whilst 176 were buses.

The accompanying table shows exports in the past two years to the 30 leading markets. It will be seen that Belgium and Japan were the only countries showing an increase and that the shrinkage, whilst fairly genera!, was particularly heavy as regards Australia, the Argentine and India.

It should be pointed out that where blanks occur in the table this does not mean that no shipmentswere made to those countries, but that they have fallen to such a low level as to be included with those under the heading of "other countries."

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