New-York tribune., 1920-11-17
American Exports
To Japan Skiold
Those of Britain
Before War United King
dom Led This Country.
but Now Has Only 6 p. C..
of Total Japanese Trade

Growth of the American export trade
to Japan is shown by report on trade
conditions compiled by Consul General
George II. Scidmore at Yokohama.
Last years total valuation was more
than six times that of the pre-war
year.
During 1918 Japan's imports from
IN value those from the United States.
III 1919, however, imports from America
were nearly six times in value those
from the United Kingdom and about
two and half times those from India.
China, whose exports to Japan were
only half those of Great Britain in the
pre- war year. last year stood second
to the United States, with an expert
trade to Japan valued at more than
double Britain's.
While American goods represented d
only about Is pc, cent of the total Jap
anese import trade in 1918, the proper
ton last year was 35 per cent. Great
Fritain's share. on the other hand, de-
creased from 16 per cent to less than
per cent in the same period.
The largest item of import by ia
pan uuIlES 1917 WAS raw COIlOH, VdlueQ
ct 1882 900, 600 of which British India
end the United States were the chief
sources of supply, Rice, iron, oil cake,
machinery, engines and sugar were i'm
ports of significance during the year.
Total Japanese imports in 1919 we're
valued at 81 083, ,469, 900, an increase of
S251 900 ,000 compared with 1918, and
of $720,212,000, compared with 1913.
The total valuation Of exports during
1919 was 81 O46, ,28s 900, Il gain of S6S,-
10000 over 1918 and of $731 1922 900
oy er 1918.
Imports from America during 1918
were valued at 69.95s 900. Last years
figure was 1882 ,041 900.
1t is said that the increase Of ex-
ports was due to the rise in prices. fol
in quantity almost every article except
raw silk and textiles decreased in 1919;
on the other hand, imports Increased
not only in value, but generally in
quantity too.
A noticeable feature in the record Of
1919 was the enormous dividends dis
tributed by some Of the leading cor
porations of Japan, namely the Nippon
Yusen Kaisha (Japan Mail Steamship
Company. 100 per cent; Kanegafuchl
Spinning Company, 10 per cent, Fug'
Gasu Spinning Company. so per cent;
Yokohama Stock Exchange, Al per cent;
Osaka Shosen Kaisha osaka Mercan-
tile Steamship Company), 40 per cent;
Imperial Hemp Company, 35 per cent
and six other companies, so per cent
An analysis of the figures showing
the details of declared exports from
Japan to the United States indicates an
increase in 1919 over the previous
year in majority OF the commodities
exported and a total increase of nearly
5000 900 900. Raw silk alone accounts
for more than S276,000000 in 1919 anc
shipments Of silk of all kinds to the
United States were valued at approx:
matelx 100000 Total declared
exports we're valued at s44s,os5,o1e.
showing an increase in value in 1915
are chemicals, cotton fabrics, porce lam
fish. furs, hats and materials for hats
mats and mattings, peanut oil, tea anc
toys. Rubber and rubber goods ap,
pear for the first time among the lls'
Of principal exports to the unisee
States in 1919; shipments totaled more
than $500 900. Those exports whlcf
showed a decrease compared with tht
1918 figures are vegetables, ores
brushes, rice and antlmony