Trade and Empire, 1700-1870



Table 4.4. Entrepôt and special trade (£ million)

Retained imports (1) = total
imports - Re-exports

Domestic exports
(2)

Re-exports (3)

Special trade (4)
=(1)+(2)

Special trade as a
share of total trade

100*(4)/[(4)+(3)+(3)]

Britain (1784/86)

192

136

36

328

82%

France (1787)

181

150

6^4

33.1

72%

Netherlands (using 1770 trade
composition)

6.7

9.0

6.2

15.7

43%

Spain (1788/92)

64

54

3.6

H

62%

Portugal (1796/1800)

21

2л

53

4Л

31%

Note: retained imports are computed assuming that the value of a good is recorded identically when it is
imported and when it is re-exported. Special trade excludes both re-exports and non-retained imports.

Source: see Tables 4.1, 4.3.

Table 4.5. European real trade 1820-1870

1820

(million 1990 $)

Growth 1820-1870

Austria

47

+894%

Belgium

92

+1,245%

France

487

+621%

Italy

339

+427%

Spain

137

+550%

Switzerland

147

+653%

UK

1125

+988%

Weighted average

+793%

US____________

________251________

+12,010%

Source: Maddison (2001).

31



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