29
8. Import and Export.
A. The Electrical Industry asa Whole.
The figures relating to imports and exports are taken from
the official trade returns of the various countries. The con-
version of the values into Reichsmarks is based, for the year
1913, on parity exchange, and for 1925 on a mean of the fluc-
tuations of exchange values as compared with the Mark.
The adjoining table Ia, relating to the world’s imports of
electrical goods, covers about go 9, of the actual total, Since
1913, Europe and the oversea *) countries have changed places
in the division of imports. In 1913 Europe took 55 9, of total
imports and the oversea countries 45 %, whereas in 1923,
Europe took about 45 9, and oversea countries 55 %.
The figures relating to the world’s electrical exports (Table Ib
p- 24) cover over 959, of the actual total. As in the case of
production, three countries are responsible for, the major share
of the total exports viz. Germany, Great Britain and the United
States of America. These countries between them export
about 75 9, of the total. As regards exports, Europe still holds
the lead with about 75 9, of the total whereas the oversea
countries, chiefly represented by the United States, have
increased their share in exports from 17 % to about 235 9.
In considering the world’s total trade in electrical goods
it must be noted that the total export figures are not wholly
represented in the imports. The main reason for this dis-
crepancy is probably to be found in the different manner in
which goods are classified in the various countries and, in the
fact that some countries, with a very small import trade,
representing only a negligible percentage of the total, have
not been included.
A more detailed analysis of the relation of the volume of
exports to the total production of electrical goods is impossible,
as the values to be compared would have first to be reduced
*) Oversea countries here signifies all countries outside of Europe.
[continued on p. 24.]