HC Deb 29 April 1965 vol 711 c599
2. Mr. Wingfield Digby

asked the President of the Board of Trade what was the trade balance between this country and Norway in January, 1964, and in January, 1965, respectively.

The Minister of State, Board of Trade (Mr. Edward Redhead)

Figures of our trade with Norway can be obtained from page 283 of the Overseas Trade Accounts for January, 1965.

Mr. Digby

Whatever the figures are, does not this appear to be an example where the import surcharge has converted a favourable trade balance into an adverse trade balance?

Mr. Redhead

No, Sir. The whole of the drop in our exports to Norway between January, 1964, and January, 1965, is accounted for by the single item "Ships and Boats" which fell from £3.6 million to £10,000. The value of this item is bound to vary greatly in individual months.

Forward to