§ Mr. Austin Mitchell
asked the Secretary of State for Trade if he will publish in the Official Report a table showing the estimated United Kingdom share of world trade in manufactures each year since 1970 and each quarter since 10 January 1977 at current and at 1975 prices.
§ Mr. Parkinson
The United Kingdom share of world trade in manufactures is normally measured in terms of the United Kingdom's current value share of main manufacturing countries' exports of manufactured goods. This information is published in table E1 of theMonthly Review of External Trade Statistics. Estimates 596W at 1975 prices are given in the following table.
ESTIMATED (a) UK SHARE OF MAIN MANUFACTURING COUNTRIES (b) EXPORTS OF MANUFACTURERS (c) 1975 PRICES (d) Seasonally adjusted United Kingdom share per cent. 1970 10.2 1971 10.4 1972 9.7 1973 9.7 1974 9.2 1975 9.3 1976 9.1 1977 9.4 1978 9.1 1979 8.6 1977 Q1 9.1 Q2 9.6 Q3 9.8 Q4 9.2 1978 Ql 9.2 Q2 9.1 Q3 9.1 Q4 8.7 1979 Ql 7.8 Q2 9.3 Q3 8.8 Q4 8.7 Notes: (a) Figures include certain estimated data. Any revisions will be incorporated in the volume series to be published in Table E1 of the Monthly Review of External Trade Statistics. (b) The main manufacturing countries are taken as United Kingdom, Belgium/Luxembourg, Federal Republic of Germany, France, Italy, Netherlands, Sweden, Switzerland, USA, Canada and Japan. Together they account for about three quarters of world exports of manufactured goods (c) SITC sections 5 to 8. ((d) Figures on different base years have been linked as necessary to produce these estimates.