Manufacturing Trade

HC Deb 12 May 1992 vol 207 c88W

Mr. Austin Mitchell

To ask the President of the Board of Trade if he will give the deficit or surplus in manufacturing trade in volume terms and increase or decrease in value terms between the United States of America and(a) Britain, (b) Germany and (c) France for each year since 1985.

Mr. Needham

The available information is in the table. Data are not available for trade balances in volume terms.

USAs bilateral trade balance1 in manufactured goods2
Balance with:		Balance	Change in value terms on previous year
		US$billion	US$billion
France	1985	-3.6	-1.1
	1986	-3.3	0.3
	1987	-3.4	-0.2
	1988	-3.3	0.2
	1989	-2.3	1.0
	1990	-0.5	1.8
Germany	1985	-13.0	-2.8
	1986	-16.7	-3.7
	1987	-17.9	-1.3
	1988	-15.1	2.8
	1989	-10.4	4.8
	1990	-12.0	-1.6
United Kingdom	1985	-1.3	-1.8
	1986	-3.2	-1.8
	1987	-2.0	1.2
	1988	0.0	2.0
	1989	2.0	2.0
	1990	2.8	0.9

Notes:

¹ Crude trade balance. Exports FOB less imports CIF, at current prices and exchange rates.

² Standard International Trade Classification sections 5–8.

Source:OECD Series C.