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Statistics for 1938 trade by commodities with Germany
are not yet available. However, in the important case of 
exports of raw cotton, our exports to Germany in the first 
nine months of 1938 were 214,000 bales valued at $11,392,000, 
compared with 435,000 bales valued at $30,410,000 for the 
first nine months of 1937. For the twelve months ending
September 30, 1938, the figures were 579,000 bales valued
at $31,225,000 compared with 687,000 bales valued at
$47,342,000 in the twelve months ending September 30, 1937
For the full year 1937 our cotton exports to Germany were
valued at $50,243,000.
 
 
Other important United States exports to Germany                                             
during 1937 were copper (refined copper $9,904,000, old
and scrap copper $2,562,000); petroleum products (gasoline
$3,251,000, crude petroleum $2,004,000, cylinde= oil 
$4,540,000, lubricating oil $3,440,000). Other export 
items which exceeded a value of $1,000,000 in 1937 were 
in the order of importance- scrap iron, scrap brass and 
bronze, tobacco, phosphate rock, carbon black, dried and 
evaporated fruits, industrial machinery, boards (including 
planks, and scantlings), sodium borate, and aircraft 
including parts.
 
 
Our principal imports from Germany in 1937 were
potash, $6,668,000; palm kernel oil, $4,644,000; cameras,