War Economy
Volume of Trade
Volume of Trade
The following table revalues wartime trade at the average prices ruling for the three pre-war years 1936 to 1938 and gives a good impression of the change over the war years in the volume of total trade. Imports, as shown in this table, include Lend-Lease supplies and other defence imports. Exports, however, do not include reverse Lend-Lease goods, which were supplied to the American authorities in New Zealand and either used here or shipped by them to the Pacific in their own vessels. On average, the recorded volume of total trade during the war years was about 5 per cent below the years 1936 to 1938.
page 376—– | Exports | Imports | Total Trade |
1936 | 62 | 46 | 108 |
1937 | 61 | 55 | 117 |
1938 | 59 | 54 | 113 |
1939 | 59 | 49 | 109 |
1940 | 66 | 41 | 107 |
1941 | 59 | 37 | 95 |
1942 | 69 | 38 | 107 |
1943 | 58 | 66 | 124 |
1944 | 59 | 55 | 114 |
1945 | 57 | 33 | 90 |
1946 | 67 | 39 | 106 |
1947 | 71 | 60 | 132 |