HC Deb 19 June 1975 vol 893 cc533-4W
Mr. Donald Stewart

asked the Secretary of State for Trade if he will make a statement on the balance of trade with Denmark over the last five years.

Mr. Shore

The crude balances of trade with Denmark, that is, the differences between exports f.o.b. and imports c.i.f., for the years 1970 to 1974 were:

£ million
1970 1971 1972 1973 1974
-55 -70 -110 -149 -150

The increase in the deficit over this period mainly stems from a rise in the

much of this demand originating from firms new to exporting. I warmly welcome this increased interest.