The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-07-28
U. s. EXPORT TRADE
DROPS $S62,OOO,OOO
American Business With Rms.
STA Declines to Amount
of SI07,470,558.
100 ?. c. GAIN WITH JAPAN
Italy Takes Onc-third More
Goods in 1918 Than in
Previous Year.
100 p. c. GAIN WITH JAPAN

A decline of approximately $780, 900.
900 in the export trade OF the United
States in the fiscal year 1918 as com.
pared with 1917. a loss of S4O7,470.j5S
in American export trade with Russia
during the last fiscal year. Il drop in
shipments to the Scandinavian countries
and the Netherlands from approximately
s2so,OO0,O0o 10 s45.oO0,oO0. more than
100 per cent. increase in shipments to
Japan. a 90 per cent. drop IN exports
to Greece, an increase of $ll1,0O0O0O
or approximately SO la per cent. in en-
port trade with Italy. a complete ces-
sation in June of this year in American
export trade with Denmark. a decrea
of $5S6,2S1. 400 in our trade with En-,
rope and substantial increases in c.
ports to the other grand divisions Of tie
world are the outstanding features
shown in a compilation of foreign trade
last year by the Standard Statistics
Company of New York.
While owing to unsettled conditions
in Russia there has been complete
cessation of export trade with tnat
country, a similar situation does not en-
list in the case of Denmark Since the
beginning of the war Denmark has been
doing a big business with Germany in
American goods. This situation pre-
vailed until short while after the
United States entered the war. Steps
were then taken to prevent American
goods from reaching Germany. This
required drastic action not only in the
case of Denmark but in the case OF
the Netherlands, Norway and Sweden
Denmark shut Off.
The results are clearly shown in the
latest trade statement of the United
Statea Bureau of Foreign and Domestic
Commerce. Trade with the Netherlands
dropped from S1o9.9S2,16S in the fiscal
year 1917 to s11,1SS,021 in the fiscal
year 1918; Norway from sS2,0O1,G36 to
s25,211,24 Sweden from S44,6S3,jl2 TO
S4,122,550: Denmark from s56,7SS, iS0
to $4,969,542. Denmark. however has
consistently held out against signing a
trade agreement with the United States
1t is, therefore, no surprise that the
United States has shut off export trade
with that country. 1t likewise fore
shadows an early agreement between
Denmark and the United States.
The total export trade of the United
States with the Scandinavian countries
ana tne Netheriahus III tHe 'Sca' year
dslo showed urop oi appIoNt'h'l'E
90 per cent as coHipareu Win 'ne pre-
'ious hseal year
The American exports to Belgium In
me hscai year 1913. NaIuen az S'l.-"N.-
900 were approNifiateiS S"',VVu'''V
larger tnan IN me last normal hS'a'
year ana Sof'ooo,Uoo greater lh"n J.
the nscal year 1910. for u'e month u
'uhe' i'l'' NPo''s 10 INA. 'ou"'' VIZ
more thah twice as mucn as III june
WA ana more IMAM twenty N'''7 a.
large as IN June W.
Ihefe was drop Ill American 'Apo''S
10 france poth IN June, l?IH' ana lh we
1scai year 1918. Exports 10 ina r1uh,
try IN the hscal year 1917 were Na!u'a
NJ wv l'oo', %po' whereas tne 'aTl ''S, -'
year they total!ed ss'o'4el'olo. w. ",-
cline IN June l9lS' as com .a'eI W'a
me corresponding month OF I'I' was
-i'ioo'uoo 10 S'o'f9o''oo'