Mr. H. Wilsonasked the President of the Board of Trade if he will state for January to May, inclusive, April to May inclusive, and May, the percentage by which exports to the United States of America in 1960 exceeded the figures for 1959, and the corresponding figures for exports from the United States of America; and if he will state for each of those periods, in £ million sterling, the difference between exports, free on board, and the cost, insurance, and freight values of imports for trade between the two countries
§ Mr. R. MaudlingThe following are the figures required.
U.K. Trade with the U.S.A. Percent. change 1960 over 1959 Jan.—May April—May May U.K. exports f.o.b. + 9.2 -4.6 + 7.4 U.K. imports c.i.f. +58.4 +73.9 +94.8
Difference between exports f.o.b. and imports c.i.f. (£ million) Jan.—May, 1959 … 14.7 Jan.—May, 1960 … -49.3 April—May, 1959 … 17.7 April—May, 1960 … -23–6 May, 1959 … 8.8 May, 1960 … -12.1 A negative sign indicates an excess of imports over exports.