HC Deb 20 November 1979 vol 974 cc164-5W
Mr. Leighton

asked the Secretary of State for Trade if he will circulate in theOfficial Reporta table showing imports, exports and the trade balance in the first nine months of this year of (a) visible trade less crude oil and precious stones and (b) manufactures less precious stones, in each case for the EEC Six and for all other countries.

Mr. Parkinson

The information is as follows:

EEC countries for each quarter since 1970.

Mr. Tebbit

The available information is as follows on relative export prices and share of main manufacturing countries exports of manufactures.

The information on share of trade with non-EEC countries could be assembled only at disproportionate cost.

UNITED KINGDOM EXPORTS OF MANUFACTURED GOODS
(Not seasonally adjusted)
Relative export prices* Share of MMC's exports† Per cent.
1970—
First quarter 103.2 11.0
Second quarter 103.1 10.6
Third quarter 104.2 10.0
Fourth quarter 105.1 10.7
1971—
First quarter 105.0 10.3
Second quarter 105.2 11.2
Third quarter 106.1 10.9
Fourth quarter 108.3 11.3
1972—
First quarter 108.9 10.6
Second quarter 109.4 10.9
Third quarter 105.2 8.9
Fourth quarter 101.4 9.8
1973—
First quarter 101.5 9.9
Second quarter 101.0 9.9
Third quarter 94.3 9.2
Fourth quarter 93.4 8.7
1974—
First quarter 94.9 8.6
Second quarter 96.4 8.9
Third quarter 96.3 9.0
Fourth quarter 96.5 8.6
1975—
First quarter 100.1 9.3
Second quarter 99.6 9.5
Third quarter 100.1 9.3
Fourth quarter 100.1 9.2

(a) CRUDE BALANCES OF UNITED KINGDOM TRADE WITH THE EEC(6) AND THE REST OF THE WORLD (b) RELATIVE EXPORT PRICES OF MANUFACTURES UNITED KINGDOM TO EEC(6)
Crude Balance* Relative export prices of manufactures United Kingdom compared with EEC(6)
EEC(6) Rest of World
£million £million 1975=100
1970 -65 -928 109½
1971 -187 -504 111
1972 -498 -897 109½
1973 -1,135 -2,275 98
1974 -2,058 -4,545 98
1975 -2,185 -2,048 100
1976 -2,397 -3,025 100
1977 -2,355 -1,292 104
1978 -2,799 -807 109½
January to October 1979 -3,472 -1,706 N.A.
*Crude balances are on an OTS basis. The 1979 figures are seasonally adjusted and include the previously unrecorded import information.

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