HC Deb 04 December 1922 vol 159 cc1165-6
19. Sir J. SIMON

asked the President of the Board of Trade whether, in reference to the export credits scheme, he cansay in respect of what classes and amounts of goods exported to what countries assistance has been given?

Sir P. LLOYD-GREAME

As the answer is rather long, I will, with the permission of the House, have it circulated in the OFFICIAL REPORT.

The answer is as follows:

Advances have been made to the amount of £1,750,154 in respect of the export of goods to a considerable number of countries in Europe. The countries in respect of which the largest amounts have been advanced are:

£
Czeeho-Slovakia … … 968,010
Roumania … … 438,420
Austria … … 102,904
Baltic States … … 84,875
The goods exported against these advances are of various classes, the principal classes being flax and woollen and worsted yarns and manufactures.

As regards the guarantee part of the scheme, guarantees have been given to the value of £2,119,387 in connection with the export of goods to the British Empire and to numerous other countries. The countries in respect of which the largest amounts have been guaranteed are:

£
Poland … … … 363,771
France … … … 205,576
Portugal … … … 202,993
Belgium … … … 189,542
Italy … … … 183,249
Australia … … … 134,435
The trades principally concerned are cotton yarns and manufactures, machinery, iron and steel manufactures thereof, coal, rubber manufactures.

The above figures relate to credits actually taken up; the amounts sanctioned but not yet taken up are very much larger.