§ Mr. Gouldasked the Secretary of State for Trade and Industry whether he will bring up to date the figures showing particulars of United Kingdom trade with the United States of America, exchange rates, and so on, given in the reply to the hon. Member for Great Grimsby (Mr. Mitchell) on 19 December 1979, Official Report, column 258.
§ Mr. Alan ClarkThe information is as follows:
1 United Kingdom trade with the United States of America in manufactures* Indices of Value 1970 = 100 Crude Balance (£ thousand) Year Imports (cif) Exports (fob) (Exports valued fob minus imports cif) 1977 312 328 -251 1978 350 383 -194 1979 416 415 -535 1980 547 456 -1,346 1981 536 474 -1,107 1982 586 510 -1,262 1983 690 679 -950 1984 892 875 -1,213 1985 969 1,084 -305
II. Sterling exchange rate against the United States dollar expressed as a percentage of the 1963 rate† Year Percentage Year Percentage 1977 62.4 1982 62.5 1978 68.6 1983 54.1 630W
SIC class Per cent. Imports/Exports Imports of as a proportion yduction* less exports 1979 1985 1979 Year ended 30 June 1985 21 Metalliferous ores extraction and preparation 833 2,493 † 5,894 22 Metal manufacturing 115 105 46 64 23 Extraction of minerals nes 140 127 † 75 24 Non-metallic mineral products 67 78 11 14 25 Chemicals 76 75 40 65 26 Man-made fibres 73 88 83 226 31 Metal goods 80 113 11 18 32 Mechanical engineering 58 74 42 58 33 Office machinery and data processing equipment 125 119 1,077 † 34 Electrical and electronic engineering 91 119 46 84 35 Motor vehicles and parts 123 171 71 106 36 Other transport equipment 75 73 80 112 37 Instrument engineering 101 117 112 162 41–42 Food, drink and tobacco 198 178 25 23 43 Textile industry 130 172 50 78 44 Leather and leather goods 163 156 67 86 45 Clothing and footwear 170 214 44 58 46 Timber and wooden furniture 522 534 41 47 47 Paper, printing and publishing 209 218 24 28 48 Plastics and plastics processing 90 124 22 35 49 Other manufacturing industries 115 124 † 69 * Sales by United Kingdom manufacturers. † In these cases exports exceed manufacturers' sales and the resulting figure is meaningless.
Year Percentage Year Percentage 1979 75.8 1984 47.7 1980 83.1 1985 46.4 1981 72.3
III Export volume index (fob) for United Kingdom trade in manufactures with all countries as a percentage of the import volume (cif) using 1963 = 100‡ Year Percentage Year Percentage 1977 61 1982 43 1978 54 1983 38 1979 47 1984 38 1980 48 1985 38 1981 46 Sources: * United Kingdom overseas trade statistics (SITC (R2) Divisions 5 to 8) † Bank of England ‡ Monthly review of external trade statistics. Notes:In table 1, the data given for 1985 is provisional.