New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1917-01-03
AMERICA in Lead
AS AN EXPORTER
Cargoes Valued at More Than
$s,ooo,o00,o0o During 1915

United States in 1916 manufactures,
We're exported tola value greater
than the value of manufactures ex-
ported from any other country in
any year. A compilation issued yes
terday by the Foreign Trade depart
ment of the National City bank
showed that the years total exceeded
$4,000, 100000 as against $2,O12, 900 :.
900, the highest export record ever
made by Great Britain formerly the
worlds largest exporter of manufac-
lures. England's record was made in
1913 the year Immediately preceding
the war. Prior to the war the United
States held third rank. Commenting
on the showing made. the. banks
statement said:
even prior to the war our own
share in the worlds expectation of
manufactures was gaining more rap
idly than those Of the other great ex-
porters. Great Britain's exports of
manufactures grew from $1,140, 000,-
100000 in 1903 to 1881, 100000 in
an increase of approximately II per
cent. those of Germany from $784,-
10000 in -0193 to $1,681, 100000 in
1913, an increase of 115 per cent;
those Of France from $470. 900, 900 in
1903 to $772.000.00 900 in 1913. an in
crease of 65 per cent; while those
of the United States grew from $685.
100000 in 1903 to $1,185, 900, 900 in
1918, an increase of 1873 per cent.
TT is, however, since the beginning
Of the war that the United States
has made her great increase in the
expectation Of manufactures which
amounted in the calendar year 1914
TO $974,00O, 900, in 1915 to $1,784.-
100000, and 1916 will approximate
$3, 200, 100000, this estimate being
based upon actual figures Of the De-
partment of Commerce for ten
months ending with October. and the
figures of the Port of New York for
November and December. Our total
exports of manufactures in 1916 are
more than three times as much as
in 1914 and so per cent. greater than
in 1915.
THE growth in exports since the
beginning of the war is of course due
in considerably degree to the de-
mands for strictly war material, ex-
plosives alone being for 1916 ap-
proximately s675, 100000, brass tubes
for the manufacture of shells $685.
900, 000;, while in many other articles,
such as automobiles and various ar
ticles of iron and steel. there is also
a large increase. though just what
proportion of the growth is due to the
demands OF the war can only be es- ,
stimated. OF iron and steel manufac-
lures Of all kinds the exports Of the
full year show total OF approximate
ly 5000, 0oo,o0o against $500, 600. 600
in 1914"
In the view Of the bank. the ex-
periences Of the year just ended DEM
onstrated the ability of the manu-
facturers Of the United States to sup
ply much larger proportion Of the
manufactures entering world con-
sumption than they have in the past.
since the total value of the manufac-
lures which they exported in 1915
was approximately 40 per cent. Of
the total manufactures entering in
ternational trade in normal years as
against approximately IL per cent.
which this country's manufacturers
supplied in the year just preceding
the war. The report showed that prior
to the war the percentage which
manufactures formed of the domes-
tic exports Of Great Britain was 70
per cent. Germany, 81 per cent,
France, So per cent. and of the United
States AZ FER cent. Manufactures
formed Is per cent. Of American do
nestle exports in 1880, FL per cent.
in 1890, 35 per cent in 1900, As per
cent. in 1910. 40 per cent. in 1913,
and approximately Sc per cent. in
1916.