Motor Vehicle Components and Accessories

HC Deb 12 March 1982 vol 19 c499W

Sir Anthony Meyer

asked the Secretary of State for Trade what was the balance of trade in motor vehicle components and accessories between the United Kingdom and the other member States of the European Community in 1977, 1978, 1979 and 1980; how this compares with the balance of trade in these products between the United Kingdom and Japan and the United States of America; and if he will express this both in money terms and by giving the export to import ratios.

Mr. Peter Rees

The available information is as follows:

United Kingdom Trade in Motor Vehicle Components 1978–80
		Crude balance £ million	Export Import ratio per cent.
Trading area
Total trade	1978	+782	219
	1979	+737	188
	1980	+942	231
European Community	1978	+106	121
	1979	-16	97
	1980	+155	129
USA	1978	+49	172
	1979	+59	175
	1980	+56	173
Japan	1978	-15	26
	1979	-15	32
	1980	-9	39

Notes:

1. (a) Figures correspond to Minimum List Heading 381 c in Business Monitor MQ10 (Overseas Trade Analysed in Terms of Industries).
2. (b) The European Community is defined in terms of its current membership.
3. (c) The crude balance of trade is exports valued fob less imports valued cif.
4. (d) Comparable information for 1977 is not available.