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COMMERCE 1167
The receipts from tobacco were: in 1897, £E1,044,780; in 1898,
£E1,080,669 ; in 1899, £E1,068,497.
Of the total imports in 1899 the value of £E9,945,165, and of the exports
the value of £E15,068,722 passed through the port of Alexandria.
Goods imported into Egypt are examined by experts, who determine their value either
according to the purchase price in their original country as indicated on the invoices, plus
the cost of transport, freight, insurance, &c., or according to the wholesale price at the
port of disembarkation, minus a discount of 10 per cent. In order, however, to facilitate
customs operations, the administration, in communication with the merchants interested,
establishes, on the same basis as above, periodical tariffs for such articles of importation as
cotton-goods, indigo, coal, petroleum, rice, flour, metals, sugar, &c. Iu the statistics of the
Custom House, the values are estimated according to the estimated price which served as
the basis for the payment of duty now fixed at 8 per cent, ad valorem, without taking into
account the amount of that duty. As regards exports, there are tariffs for nearly all of
them, estimated monthly for some of them, quarterly for others, m the same manner as
the tariffs of imports are established.
The quantities recorded in statistics are thosedeclared by the merchants and controlled
by the Customs.
The origin of imports and destination of exports are declared by importers and exporters,
and controlled, as much as possible, by the searchers and appraisers of the Custom House.
The statistics of the Customs only give general commerce. In order to know the amount
of special trade deduction must be made from the total of imports of the value of
goods re-exported, which, however, has only an inconsiderable importance. In fact the value
of these goods amounts to about three or four hundred thousand pounds, one half of which
is due to tobacco re-exported in the form of cigarettes. The transit trade is of no importance.
At the utmost its value amounts to 600,0001. per annum, nine-tenths of which
represents the value of coal imported at Port Said to be re-exported on payment of a duty
of 1 per cent, ad valorem. Goods temporarily deposited or re-shipped are not included
in the "transit."
From the efforts made by the Customs authorities to ensure accuracy, and from the
method of valuation employed, the .commercial statistics of Egypt may be regarded as
comparatively exact.
The subjoined statement shows the total value of the imports from Egypt
into the United Kingdom, and of the exports of British produce and
manufactures to Egypt, in five years, according to the Board of Trade
returns :—
1895
1 ■ - ■ - ■
18% j 1897 1898 \ 1899 j
£ £ ! £ £ ' £
Imports from Egypt into U. K. 9,524,507; 9,659,376 i 9,294,240 [ 8,855,689 |lQ,914,354
Exports of British produce to j j j
Egypt . . . . 3,349,162| 3,777,966 | 4,435,101 ■ 4,419,078 , 5,061,686
The following table shows the values of the principal imports into the
United Kingdom from Egypt, and of the principal exports from the United
Kingdom to Egypt:—
Year
1895
1S96
1897
189S
1899
Raw
Cotton
£
6,420,971 !
6,833,315
6,484,450
5,881,396
7,748,611
British Imports from Egypt
Cotton
Seeds
£
1,691,006
1,590,429
1,801,079
1,922,938
1,839,921
Sugar
£
264,055
221,147
94,829
42,019
28,390
i Beans
£
482,317
342,638
227,716
147,831
325,145
Exports of British Produce to Egypt
Cotton
Goods
£
1,491,791
1,520,708
1,722,955
1,414,806
1,647,926
Coal
£
763,568
835 369
899,005
1,009,151
1,220,863
Iron
Machinery
£ £
143,346 146,138
248,132 151,011
409,172 249,479
370,071 327,823
492,622 1 261,526
10.1057/9780230270305 - The Statesman's Year-Book, Edited by John Scott-Keltie
Copyright material from www.palgraveconnect.com - Trial Access - PalgraveConnect - 2012-11-24