HC Deb 07 June 1976 vol 912 cc560-1W
Mr. Marten

asked the Secretary of State for Trade what was the United Kingdom trade balance with (a) the EEC, (b) the rest of the World and (c) the Commonwealth for the years 1973, 1974 and 1975; and what proportion of this represented Great Britain's total trade with each area.

Mr. Dell

The information is as follows:

Mr. Dell

In 1974, on a balance of payments basis, exports to the EEC accounted for 33 per cent. of total exports, while imports from the EEC accounted for 35 per cent. of total imports. The corresponding figures for 1975 are 32 per cent. and 38 per cent. respectively.

Mr. Marten

asked the Secretary of State for Trade what estimate he has made of the decline of intra-Community trade between countries of the EEC in comparison with the export demand generated by these countries as a whole for the years 1973 to 1975, respectively.

Mr. Dell

Intra-Community trade accounted for 52 per cent., 48 per cent. and 49 per cent. of total EEC imports in the years 1973, 1974 and 1975 respectively.