HL Deb 16 November 1987 vol 490 c76WA
Lord Dean of Beswick

asked Her Majesty's Government:

What are the balance of payment figures relating to engineering products for the last five years.

Lord Young of Graffham

Information on a balance of payment basis for engineering products is not available. Details of imports and exports for the past five years on an overseas trade statistics basis are given in the table.

UK TRADE IN ENGINEERING PRODUCTS 1982–1986
£million
1982 1983 1984 1985 1986
Imports 18,277.3 22,424.2 26,444.2 29,872.1 31,847.0
Exports 19,908.2 20,370.3 23,992.4 27,636.4 29,476.6
Balance +1,630.9 -2,053.9 -2,451.8 -2,235.7 -3,370.4

SourceOverseas Trade Statistics.

Notes

1. Engineering products defined as Section 7 (Machinery and transport equipment); Division 87 (Professional, scientific and controlling instruments and apparatus, nes) and; Division 88 (Photographic apparatus, equipment and supplies and optical goods, nes; watches and clocks) of the Standard International Trade Classification Revision 2.

2. 1986 figures provisional.

3. Imports fob; exports cif.