§ Mr. Tom Cox
asked the Secretary of State for Trade and Industry if he will give the present trade balance and deficit figures of the United Kingdom with each member of the European Economic Community.
§ Mr. Alan Clark
Statistics of United Kingdom trade with individual countries are not available on the balance of payments (BOP) basis. Figures on the overseas trade statistics (OTS) basis are in the table.
For comparison both OTS and BOP figures for the year 1985 are given for United Kingdom trade with the European Community as a whole.
United Kingdom balance of trade with EC countries Twelve months to January 1986 Crude balance* £ million Belgium/Luxembourg -579 Denmark -359 France +849 Federal Republic of Germany -3,743 Greece +19 Ireland +797 Italy -863 Netherlands +722 Portugal -289 Spain -185 EC(12)OTS -3,631 EC (12) 1985 OTS -3,213 (EC (12) 1985 BOP† -1,975)
* Exports, valued exclusive of insurance and freight costs, less imports valued inclusive of insurance and freight.
† Exports less imports both valued exclusive of insurance and freight costs.
United Kingdom Overseas Trade Statistics.
Department of Trade and Industry.