HC Deb 01 February 1996 vol 270 cc867-8W
Mr. Menzies Campbell

To ask the President of the Board of Trade if he will list the value of United Kingdom trade with Saudi Arabia in the last three years; and if he will make a statement. [12748]

Mr. Nelson

[holding answer 31 January 1996]: The information is as follows:

UK visible trade with Saudi Arabia 1992–94 and January to November 1995
£ million
Year UK exports UK imports
1992 1,966 964
1993 1,826 1,275
1994 1,516 740
January to November
1995 1,503 648

Source:

CSO Monthly Review of External Trade statistics.

CSO Business Monitor MA20.

The kingdom of Saudi Arabia remains the largest market for UK exporters outside the OECD countries. The decline in our exports over the last three years is mainly due to budgetary constraints in Saudi Arabia.