TRADE WITH AFRICA MEDITERRANEAN AFRICA Exports to Mediterranean Africa (Table 41), which includes Egypt, Algeria and Tunis, the Canary Islands, Morocco, Spanish Africa, and Italian Africa, amounted to $15,600,000 in 1924 as compared with $16,400,000 in 1923. Of this total $5,900,000 worth of goods were sent to Egypt, $5,500,000 to Algeria and Tunis, and $2,000,000 to the Canary Islands. Imports from this region reached a total of $32,700,000, of which $30,100,000 were from Egypt and $2,000,000 from Algeria and Tunis. Chart XLIII.-TRADE OF THE UNITED STATES WITH AFRICA RELATIVE TO PRE-WAR AVERAGE (This chart does not show absolute values but relatives. For absolute figures see Chart X) Table 41.-Trade of the United States with Africa, by Commercial Regions and Countries [Values in millions and tenths of millions of dollars; i. e., 00,000 omitted. Several minor countries are not listed separately but included in the totals] Exports to Egypt in 1924 were three and one-half times the prewar average, but less than one-half of 1921, and about 5 per cent less than in 1923. Imports from Egypt in 1924 show a gain of over 77 per cent as compared with the pre-war average, but a loss of over 22 per cent as compared with 1923, owing to smaller shipments of cotton. Of the principal articles exported from the United States to Egypt, wheat flour and kerosene showed a considerable decline in 1924, while corn sirup and corn starch showed slight increases. The chief article imported from Egypt is cotton, which declined from $36,400,000 in 1923 to $28,300,000 in 1924. Exports to Algeria and Tunis in 1924 showed a slight decline from 1923, which, in turn, was a reduction from the 1922 trade. The principal articles of export to these French possessions are mineral oils and leaf tobacco. Exports to Morocco in 1924 continued the decline of recent years, dropping to $1,600,000 as compared with $2,100,000 in 1923 and $3,000,000 in 1922. The export trade with Morocco is mainly concentrated on gasoline, wheat, and flour. Chart XLIV.-TRADE OF THE UNITED STATES WITH EGYPT Exports to the Canary Islands showed a slight increase to $2,000,000 in 1924, as against $1,900,000 in 1923, and were two and one-half times as great as pre-war exports. Mineral oils are the most important export. Imports from Mediterranean Africa, except Egypt, which are very small in amount, consist largely of iron ore and wood. AFRICA OTHER THAN MEDITERRANEAN The trade of the United States with Africa other than the Mediterranean area during 1924 was marked by an increase in exports and a decline in imports. Exports totaled $54,700,000, an increase of 23 per cent over 1923, and almost three times the 1910-1914 average. Imports were valued at $39,600,000, a decline of 12 per cent over 1923, but were nine times as large as the pre-war average. Threefourths of the trade with Africa other than the Mediterranean area was with British South, East, and West Africa. In 1924 exports to British Africa amounted to $46,600,000, as compared with $16,800,000 for the 1910-1914 average, and imports were valued at $21,600,000, as compared with $4,100,000. As compared with 1923, a decrease of $11,000,000 occurred in our imports from British South and West Africa, while imports from the remainder of Africa other than the Mediterranean area recorded an increase of $5,300,000. Our exports to British South Africa, mainly the Union of South Africa, increased from $28,400,000 in 1923 to $36,000,000 in 1924, or by 26 per cent. Imports from British South Africa, however, fell off from $13,400,000 to $7,700,000. The notable increase in exports is due principally to the favorable economic conditions which prevailed as a result of the activity of the South African mining industries. Table 42.-Principal Commodities in the Foreign Trade of the United States with the Principal Countries of the World |