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War Economy

Import Controls Continue

Import Controls Continue

Import controls were more severe in 1959, and thereafter varied in intensity. The National Party, when it was returned to office in 1960, did not show the same enthusiasm to be rid of import controls as it had in 1949, but circumstances were different. This time it was met by two years of comparatively low export earnings in 1961 and 1962.

page 552

Chart 84 shows changes in the value of exports and imports since the war.

chart of import and export statistics

Chart 84
IMPORTS AND EXPORTS
(EXCLUDING SPECIE)