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Updated: May 23, 2025
In the year 1612, according to Missenden, in his Circle of Commerce, the exports to all the world amounted to 2,090,640l., and the imports to 2,141,151l.; on the latter, however, the custom duties are charged; the custom duties on the exports were 86,794l.; the impost paid outwards on woollen goods, tin, lead, pewter, &c. 10,000l.; and the merchants' gains, freight, and other charges, to 300,000l.: if these be added to the value of the exports, the total amount will be 2,487,435l, from which the imports, including custom duty on them, being deducted, leaves 346,283l., which Missenden regards as the balance gained that year by the nation.
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