§ Lord O'Hagan
asked Her Majesty's Government:
What are the figures for the balance of trade between the United Kingdom and the other members of the EEC in each year since British accession.
§ The Parliamentary Under-Secretary of State, Department of Trade (Lord Trefgarne)
The available information is as follows:
UK VISIBLE TRADE WITH THE EUROPEAN COMMUNITY
Balance of payments basis visible balance £ billion 1973 -1.3 1974 -2.2 1975 -2.5 1976 -2.3 1977 -2.0 1978 -2.5 1979 -2.6 1980(Jan.-Sept.) 0.0
Note: Figures, which include Greece, are provisional. They are given on the preferred balance of payments basis, in which the coverage and valuation of exports and imports are the same. Information on this basis is available for the first three quarters of 1980 only. During this period visible trade with the Community was in approximate balance.