§ Mr. Teddy Taylorasked the Minister for Trade (1) what was the positive or negative balance of trade in manufactures with the EEC and the rest of the world, respectively, in the most recent 12-month period for which figures are available; and if he will state the positive or negative balances for the same period in each of the previous comparable annual periods commencing 1960ߝ61;
(2) what was the positive or negative balance of trade in all goods, commodities and services with the EEC and the rest of the world, respectively, in the most recent 12-month period for which figures are available; and if he will state the positive or negative balances for the same period in each of the previous comparable annual periods commencing 1960ߝ61.
§ Mr. Peter Rees[pursuant to the reply,21 October 1982, c. 171ߝ2]: Much of the information is either not available in the form requested or could only be provided at disproportionate cost; the available information is as follows:
United Kingdom Balance of Trade(£ Million) Manufactures* Goods and Services † Other EC‡ countries Rest of World Other EC‡ countries Rest of World 1962 +309 +1,473 ¨ ¨ 1963 +345 +1,525 ¨ ¨ 1964 +300 +1,306 ¨ ¨ 1965 +315 +1,527 ¨ ¨ 1966 +314 +1,606 ¨ ¨ 1967 +206 +1,336 ¨ ¨ 1968 +246 +1,394 ¨ ¨ 1969 +457 +1,662 ¨ ¨ 1970 +463 +1,771 ¨ ¨ 1971 +330 +2,442 ¨ ¨ 1972 +21 +2,082 ¨ ¨ 1973 -416 +1,745 -1,521 -279 1974 -750 +2,328 -2,324 -1,944 1975 -640 +4,103 -2,688 +874 1976 -666 +4,800 -3,369 +889 1977 -910 +6,038 -2,006 +2,981 1978 -2,029 +5,692 -2,601 +4,781 1979 -3,081 +4,261 -2,645 +3,154 1980 -1,765 +5,339 +597 +4,648 1981 ¨ ¨ -143 •+7,131 September 1981 to August 1982▀ -4,589 +5,390 - - • Taken as Standard International Trade Classification sections 5 to 8 on overseas trade statistics basis. † On balance of payments basis. ‡ Including Greece, Denmark, and Ireland throughout. || Not available. ¨Figures are only available for January, February, plus September to December (not Seasonally Adjusted): balance with other EC—£1,532m. and with Rest of World +£3,07lm. • Visible trade component based on Treasury estimates. ▀ A change in export documentation procedures introduced towards the end of 1981 caused exports recorded in the following few months to be greater than they would otherwise have been. The effect over twelve months however is thought to have been small. Sources:Overseas Trade Statistics and CSO UK Balance of Payments.