HC Deb 24 January 1984 vol 52 cc505-6W
Mr. Austin Mitchell

asked the Secretary of State for Trade and Industry how much United Kingdom-controlled manufacturing enterprises have invested in European Economic Community countries each year since 1 January 1973 together with the corresponding investment in United Kingdom manufacturing enterprises based in other European Economic Community countries.

Mr. Channon

Tables 3.3 and 4.3 of Business Monitor MA4 "Overseas Transactions" give the available information which covers United Kingdom net outward direct investment in manufacturing in other EC countries

Table 1
Tonnage of United Kingdom imports of steel industry products
Thousand Tonnes
1979 1980 1981 1982 *1983
European Community
Belgium-Luxembourg 488 568 395 387 297
Denmark 109 94 87 83 56
France 312 475 325 378 230
West Germany 714 1,107 936 969 764
Greece 18 9 0 6 11
Ireland 7 19 21 31 36
Italy 229 249 204 285 143
Netherlands 463 533 523 453 350
European Community Total 2,340 3,054 2,491 2,592 1,887
Spain 131 129 120 155 116
Sweden 265 184 180 207 155
Poland 63 74 34 60 47
South Africa 118 89 29 99 31
Canada 24 59 12 69 13
United States of America 47 143 68 29 11
Brazil 59 26 1 58 3
Japan 168 288 34 53 47
South Korea 45 65 1 38 20
Other Countries 524 516 345 476 365
Total 3,784 4,627 3,315 3,836 2,695
* January to October.

Source: Iron and Steel Statistics Bureau compiled from Her Majesty's Customs and Excise statistics.

Notes: — = Nil.

0 = Less than 500 tonnes.

Figures for 1980 were affected by the dispute in the United Kingdom steel industry.

and net direct investment by EC countries into United Kingdom manufacturing. Information on outward investment by United Kingdom-controlled manufacturing enterprises is not available.