HC Deb 15 May 1973 vol 856 c308W
Mr. Sillars

asked the Secretary of State for Trade and Industry if he will publish a table showing the trade balance between the United Kingdom and Romania for each year in the period 1960 to 1972.

Sir G. Howe

Figures for the balance of trade with individual countries are not available. Imports cif in 1960 and 1961 were £3.9 million and £6.1 million respectively, and exports fob were £4.3 million and £14.8 million respectively. Corresponding information for 1962 is given in Tables 274 and 275 of the 1971 issue of the Annual Abstract of Statistics; for 1963 to 1971 in Tables 285 and 286 of the 1972 issue of the Annual Abstract of Statistics; and for 1972 in Tables II and V of the December 1972 issue of the Overseas Trade Statistics. The difference between these import and export figures, however, is not a precise measure of the balance of trade, because,inter alia, of the difference in the bases of valuation.

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