352
PORTUGAL.
Year
Exports from Portugal to
Imports of British Home
Great Britain
Produce into Portugal
£
£
1860
1,880,149
1,698,931
1861
1,962,899
1,987,450
1862
2,040,396
1,533,365
1863
2,333,809
2,225,777
1^-64
2,202.506
2,091.314
1865
2,471,301
2,070.381
1866
2,517,828
1,992,902
1867
2,324,541
1,823,382
1868
2.253,095
1.554,649
1869
2,664,257
1,638,313
It -will be seen from the preceding table that the commerce of Portugal with the United Kingdom is of a stationary character, the imports showing a tendency to decline.
Wine is the chief article of export from Portugal to the United Kingdom, the average value approaching 1,000,000Z. per annum. The imports of British and Irish produce into Portugal embrace cotton goods, of the value of 857,46 11. in 1869 ; iron, wrought and un wrought, valued at 106,160/. ; and woollen fabrics, of the value of 90,252Z. in 1869.
The subjoined table shows the quantity and declared value of Avine exported from Portugal to the United Kingdom in each of the five years 1865 to 1869 : —
Tears
Quantities
Value
Gallons
£
1865
3,740,578
1,145,134
1866
3,541,225
944,573
1867
2,724,538
757,150
1868
2,965,846
797,832
1869
3,262,885
881,656
The total imports of wine, from all countries, into the United Kingdom, amounted to 14,269,752 gallons in 1865, to 15,442,581 gallons in 1867, to 16,953,429 gallons in 1868, and to 17,184,330 gallons in 1869. Consequently, the average amount contributed by Portugal was about one-fifth of the total quantity. It was, however, not more than one-sixth of the average value — 5,265,000Z. in 1869.
The single article wine constitutes more than two-thirds of the value of Portuguese exports to all countries. The other exports are cattle, cork, olive oil, oranges and lemons, pyrites of iron or copper, elephants' teeth, and sheep's wool.
The commercial navy of Portugal consisted, on the 1st of January, 1869, of 817 vessels, of a total burthen of 88,392 tons.
