Foreign trade zones (or free ports)

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Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 1. General analysis

Collection:: Economics Books

36 FOREIGN TRADE ZONES has thus far been carried on, it can not be said that the free deposit has had any great effect on the development of Spain’s foreign trade. The free ports of Almeria and Bilbao, Spain, have apparently had no important influence on the development of foreign trade. Vice Consul Howard A. Bowman cites the increase of the total imports and exports by sea at Fiume as evidence that the free zone at this port has exercised an enormous influence on the development of foreign trade. Statistics presented with his report show that the total imports and exports in the free zone for the year 1922 amounted to 300,860 tons, as compared with 1,551,430 tons in 1926; while in 1927 the total amounted to 1,407,333 tons. In 1913 the total imports and exports, including those at Porto Baross, now Yugo- slavian, were 4,096,901 tons. He states that a closed customs barrier would have impeded any trade advancement owing to the competi- tion of Trieste, the Danube River, and the Black Sea ports. As already stated under ‘Influence of free ports on the merchant marine and shipping,” the institution of free ports both at Fiume and Trieste led to the establishment of regular steamship lines, with a consequent increase in the foreign traffic. In discussing the influence of the free port of Leghorn on the devel- opment of foreign commerce, Consul K. de G. MacVitty points out that while the actual free port has been of little importance in this respect, in connection with the olive industry it has facilitated the mixing of foreign imported oils with the local Tuscan olive oil, for the purpose of exportation. Consul Charles J. Pisar states that the Greek authorities are entirely satisfied with the progress of the Greek free zone at Saloniki since its inauguration in 1925. Consul General Ely H. Palmer, in his report on Sulina, Rumania, states that as the free port is entirely a local privilege, it has no influence on the development of foreign trade. REEXPORT TRADE The extent of international trade of the nature which the free port is designed to facilitate is not clearly indicated by the statistics of the various countries. In some countries the statistics of exports do not distinguish between domestic exports and exports originating in for- eign countries. The reexport trade of the world has been estimated at four to five billions of dollars annually. Difficulty is encountered in determining the commerce of this nature handled in free ports, not only for the reason mentioned above, but also because goods received in free ports are not uniformly classed as imports, nor shipments as exports. At some free ports no statistics of this nature are compiled. In only a few countries are the figures prepared so as to permit segre- pation of these different classes of trade.

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