HC Deb 19 January 1984 vol 52 c298W
Mr. Teddy Taylor

asked the Secretary of State for Trade and Industry what was the United Kingdom's total balance of trade, including oil and invisibles, with the European Economic Community and the rest of the world, respectively, in 1983; and what were the comparable figures for each year back to 1970.

Mr. Alexander Fletcher

The information is in the table. Figures of invisible trade with European Community countries were not compiled prior to 1973 and are not yet available for 1983.

Current Balance of the United Kingdom
£million
Year EC Rest of World
1973 -1,293 +314
1974 -2,026 -1,252
1975 -2,647 +1,134
1976 -2,429 +1,593
1977 -2,469 +2,523
1978 -3,428 +4,586
1979 -3,345 +2,692
1980 -458 +3,693
1981 -999 +7,546
1982 -2,301 +7,679

Source: United Kingdom Balance of Payments 1983.