Monday, Nov. 16, 1925
International Trade
According to the figures of the National Foreign Trade Council, the total volume of international trade is about what it was the year before the War. For the fiscal year ending June 30, 1913, total exports of the 15 leading nations amounted to $15,800,000,000, while for the fiscal year ending in 1925 they have aggregated $15,088,000,000--a decrease of only 5%.
However, this apparent return to trade normalcy does not tell the whole story. Some individual countries have greatly increased their exports between the two dates taken, while others have shown serious decreases in outbound goods.
The greatest gainer in number of dollars has been the U. S., whose exports have shot up from $2,484,018,000 in 1913 to $3,243,400,000 in 1925.
Percentage increase in Export Trade from 1913 to 1925:
Canada 94%
Japan 64%
China 37%
Australia 35 %
United States 30%
France 24 %
Italy 11 %
India 8 %
Argentina 5%
Percentage decrease in Export Trade from 1913 to 1925
Russia 84%
Germany 47%
Holland & Dutch East Indies 47%
Belgium 34%
Great Britain 5 1/2%
In these figures, 1925 exports have been adjusted to 1913 values, so as to make the comparison simpler and more direct.