HC Deb 25 January 1966 vol 723 c60W
Mr. Hector Hughes

asked the President of the Board of Trade how much of the 1965 fall in Great Britain's trade deficit was due to increased exports; if he will apportion that fall between Great Britain's trade with northern and southern Europe, respectively; and, as a consequence, what plans he has to increase the export trade between Scotland and northern European markets in order still further to reduce that deficit.

Mr. Mason

The United Kingdom trade deficit fell by about £270 million in 1965, to half the 1964 rate. The big rise in exports of some £300 million far exceeded the small rise in imports. Figures of the crude trade balance show a moderate improvement in the balance of trade with Scandinavia and Finland and a deterioration of a similar size in the balance with the rest of Europe. As to increasing export trade between Scotland and northern Europe, I would refer my hon. and learned Friend to the Answer given to him on 13th December, 1965.

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