HC Deb 25 November 1968 vol 774 c55W
Sir K. Joseph

asked the President of the Board of Trade (1) if he will list, in groups, the countries which devalued in part, in full, or more than the United Kingdom in 1967, according to the extent of their devaluation against the United States dollar, giving for each group of countries the value of United Kingdom exports in United States dollars for each of the first three quarters of 1967 and of the first three quarters of 1968, each quarter separately;

(2) if he will state the total value of United Kingdom exports in United States dollars in the first three quarters of 1967

UNITED KINGDOM EXPORTS TO THE ABOVE GROUPS OF COUNTRIES AND THE REST OF THE WORLD
U.S. $ million f.o.b.
1967 1968
Q.1 Q.2 Q.3 Q.1 Q.2 Q.3
(a) 166 156 128 143 143 146
(b) 361 349 312 349 358 365
(c) 195 188 166 154 152 153
Countries which did not devalue 3,015 3,054 2,712 2,963 2,969 2,965
Total U.K. exports 3,737 3,747 3,318 3,609 3,622 3,629
Note: The conversion rate in 1967 was $2.80 to the £ sterling and in 1968 $2.40.