HC Deb 10 February 1939 vol 343 cc1242-5W
Mr. Joel

asked the President of the Board of Trade, what was the balance of real trade during 1938 with all countries with which trade agreements have been negotiated during the past seven years; and how these balances compare with those for the year immediately preceding the agreements in question?

Mr. Cross

The following table shows the total declared value of merchandise imported into and exported from the United Kingdom, during the periods specified, in trade with the undermentioned

Country to which consigned. Date on which each Agreement came into force. Year, Imports into the United Kingdom. Total exports from the United Kingdom. Excess of Exports of merchandise (+) or Imports of merchandise (-).
£'000 £'000 £'000
Germany 8th May, 1933 … 1932 30,499 25,387 (-) 5,112
1938 30,150 26,711 (-) 3,439
Denmark 20th June, 1933 … 1932 40,570 10,351 (-) 30,219
20th June, 1936 … 1938 37,860 16,369 (-) 21,419
Iceland 28th June, 1933 … 1932 233 468 (+) 235
1938 444 496 (+) 52
Norway 7th July, 1933 … 1932 8,283 6,141 (-) 2,142
… 1938 11,032 7,834 (-) 3,198
Sweden 7th July, 1933 … 1932 13,424 7,553 (-) 5,871
1938 24,552 12,834 (-) 11,718
Argentine Republic. 1st May, 1933
8th November, 1933 1932 50,885 10,863 (-) 40,022
23rd November, 1933 1938 38,486 19,716 (-) 18,770
20th November, 1936
Finland 23rd November, 1933 1932 11,733 2,505 (-) 9,228
1938 19,282 5,851 (-) 13,431
Soviet Union 21st March, 1934 … 1933 I7,491 4,299 (-) 13,192
1938 19,543 17,420 (-) 2,123
France 1st July, 1934 … 1933 19,085 25,777 (+) 6,692
1938 23,638 23,340 (-) 298
Netherlands 1st August, 1934 … 1933 18,603 14,347 (-) 4,256
1938 29,341 14,801 (-) 14,540
Lithuania 12th August, 1934 … 1933 1,967 690 (-) 1,277
1938 3,084 2,224 (-) 860
Estonia 8th September, 1934 … 1933 1,217 458 (-) 759
1938 2,068 1,169 (-) 899
Latvia 12th October, 1934 … 1933 2,641 1,190 (-) 1,451
1938 4,606 1,811 (-) 2,795
Poland 14th March, 1935 … 1934 7,438 4,263 (-) 3,175
1938 9,543 7,484 (-) 2,059
Italy 18th March, 1935
27th April, 1935 1934 8,422 10,537 (+) 2,115
16th November, 1936 1938 7,186 6,162 (-) 1,024
28th March, 1938
Turkey 20th June, 1935
17th September, 1936 1934 926 1,230 (-) 304
1st July, 1938 1938 972 2,153 (+) 1,541
Uruguay 3rd February, 1936 … 1935 3,381 1,559 (-) 1,822
1938 3,920 2,248 (-) 1,672
Peru 9th October, 1936(a) … 1935 3,785 1,072 (-) 2,713
1938 3,432 1,066 (-) 2,366
Yugoslavia 1st January, 1937 … 1936 1,868 944 (-) 924
1938 2,462 1,367 (-) 1,095
Cuba 10th September, 1938 … 1937 4,520 1,428 (-) 3,092
1938 4,963 863 (-) 4,100
United States 1st January, 1939 (a) … 1938 117,887 28,768 (-) 89,119
(a) Date of provisional entry into force of tariff provisions.
NOTES.—(1) The figures for 1938 are provisional.
(2) The above list does not include agreements relating solely to payments.
(3) A Commercial Treaty with regard to French Morocco was signed on 18th July, 1938, but is not yet in force.

Mr. Lyons

asked the President of the Board of Trade, whether he will give the respective balances of trade for the year 1938, between this country and all countries with which trade agreements

foreign countries, together with the balance of imports or exports.

have been negotiated, and the various dates of such agreements?

Mr. Cross

I would refer my hon. and learned Friend to the answer given to-day in reply to a question by the hon. Member for Dudley (Mr. Joel).