Evening star., 1925-04-26
LATIN AMERICA IS NOT SECOND
IN IMPORTS FURNISHED TO II. s.
MoUes Up From Third Place and Ranks Next to
Europe as Purchaser of Our Products, Figures
of Department Of Commerce Reveal.

ports in 1924; amounting to 37.4 per
cent, was. however, decidedly lower
than in the two preceding years or
than before the war.
What Some of the Figures Snow.
The trade between the United
States and Mexico increa sed in 1924
by approximately 16 per cent, repre-
Sented by an increase of $15 900, 900
in exports from this country and $27,-
100000 in imports. The former to-
tailed s135, 100, 900 and the latter $751;
j 900. OF crude petroleum, the most
important import from Mexico, the
quantity decreased materially in 1924
as against 1928. but prices were
higher and the value rose from $751;
500, 900 to s66,6000
The economic recovery of Central
America, apparent during 1928, con-
tinued through. 1924 and resulted in
increased sales to those countries,
valued at S64.800.00 in 1924 as com
pared with $50, 200, 900 in the preced-
ing year and only S37, 500 900 avera ge
for the years 1910-1914. Imports from
| the Central American countries re-
mained at the 1928 level. as increased
importatiCns of bananas were counter
balanced by large decreases in coffeee
and sugar.
Trade With South America.
The commerce departments report
shows the following interesting com
PARSONS in regard to the trade of the
United States with the leading South
American countries:
ArgentIna-This country ranks first
among the South American countries
in the export trade of the United
States, but in 1924 dropped to third
place as a furnisher of raw materials
q nd
and Chile, The decline in imports
from Argentina from Sis, 300 900 in
1928 TO 5,300,00 last year. was at
tributed largely to the comparatively
depressed condition of the American
leather and woolen goods industries,
and to the increase in f1axseed produc-
tion in this country.
On account of high prices ruling for
Argentine goods in Europe. however.
there was an increase in total exports
from that country. Exports from the
United States to Argentine increa sed
from $112.800,000 in 1928 to SLY ,000,-
600 last year. The leading exports to
Argentina are petroleum products, ag-
rlcultural implements, which in
creased materially in 1924, cotton
cloth. lumber, hardware, machinery,
iron and steel products, automobiles
which increased sharply in 1924, mu-
slCdI IHSlI uIHeIlIS ana pnOLOgrdp phlC
and motion-picture supplies. The
principal imports from that country
are fiaxseed, wool, hides and que
bracho.
Increase Despite Competition.
Brazil-As to this country its pur-
chases from the United States totaled
| 5000 600, and this, despite increased
competition from England, Belgium
and Germany. This increase is ac-
counted for mainly by greater sales
| of automobiles, petroleum products
| flour. coal and barbed wire. The value
| of imports from Brazil during 1924
was s179.300, 90, an increase of S36,-
| 100000, due almost entirely to higher
| prices of coffee. the quantity of that
| product imported showing only a
! slight increase.
Chile-This country retained its DO
| sition in 1924 as the third South
American market for goods from the
! United States, and rose to second
| place as u source Of imports. Exports
| to Chile in 1924 were valued at S3l.
| 100000, little more than in 1929: and
imports amounted to- $9S, 700 900 as
| compared with s91.Se0, 900 in 1928
| Nitrate imports to this country were
valued at Sac, ,923, 900 last year as
against Sal 1.119 900 in the preceding
year.
| Downright 1904