HC Deb 27 May 1976 vol 912 cc347-8W
Mr. Clemitson

asked the Secretary of State for Trade what percentage of total industrial production was exported in each of the last 10 years.

Mr. Meacher

Estimates of the percentage, by value, of the United Kingdom output of manufactured products exported in the years 1966–75 are as follows:

Percentage of output exported
1966 26
1967 25
1968 28
1969 29
1970 30
1971 31
1972 31
1973 34
1974 37
1975 38

Manufactured products are the products of manufacturing industry as defined in the Standard Industrial Classification 1968.

Output has been estimated free of duplication—i.e., to exclude sales within manufacturing industry.

The percentages overstate the proportion of output which is exported, because of the inclusion of goods for re-export, processing and repair and the fob basis of valuation.

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