HC Deb 23 July 1981 vol 9 cc193-4W
Mr. Ernie Ross

asked the Secretary of State for Trade what has been the net surplus or deficit of direct investment of United Kingdom firms in the European Economic Community compared with European Economic Community firms in the United Kingdom since 1975.

Mr. Parkinson

Estimates of United Kingdom direct investment in the European Community and of its direct investment in the United Kingdom from 1975 to 1979, the latest year available, were published in tables 4 and 8 respectively of an article, entitled "Overseas net direct investment in 1979", inBritish Business, 15–21 May 1981, a copy of which is in the House of Commons Library.

Mr. Ernie Ross

asked the Secretary of State for Trade what has been the United Kingdom's trade with the European Economic Community in terms of imports and exports expressed as a percentage of the United Kingdom's total trade since 1975.

Mr. Parkinson

The information is as follows:

United Kingdom's trade* with European Community as a percentage of United Kingdom's total trade
Exports Imports
1975 32 39
1976 35 38
1977 37 40
1978 38 43
1979 43 45
1980 43 43
Note:
* On a Balance of Payments basis.

Source: "Monthly Review of External Trade Statistics".