HC Deb 26 October 1976 vol 918 cc193-4W
Mr. Michael Morris

asked the Secretary of State for Trade what is the visible trade deficit with the EEC on a balance of payments basis for the last 12 months.

Mr. Clinton Davis

I have nothing to add to the reply that my hon. Friend gave to the hon. Member for Glasgow, Cathcart (Mr. Taylor) on 20th October 1976.

Mr. Michael Morris

asked the Secretary of State for Trade what was the imbalance in trade in respect of United Kingdom exports to the EEC and United Kingdom imports from the EEC for the first nine months of 1976; and how these figures compare with the same period during 1975.

Mr. Clinton Davis

The crude balance of trade—that is, the difference between exports fob and imports cif—with the EEC in the first nine months of 1976 was £1,573 million, compared with £1,815 million in the corresponding period of 1975.