§ Mr. Powellasked the Secretary of State for Trade if he will publish in the OFFICIAL REPORT an analysis in parallel columns of the main categories comprised in the balance of recorded visible trade of the United Kingdom, in 1970, 1973, and 1974 to the latest convenient date, with (a) the original six EEC countries,(b) Denmark and the Irish Republic, and(c) the rest of the world, respectively.
§ Mr. DeakinsThe "crude" trade balances—that is, the difference between exports valued fob and imports valued cif—are as follows:
Luxembourg, Denmark and Eire, collectively, (b) the USA, and (c) the rest of the world, with the percentages of quarterly totals applicable to each category.
§ Mr. DeakinsThe information requested is not available on a balance 25W of payments basis. The "crude" trade balances—that is, exports fob less imports
(£ million recorded values) Total Trade Total Trade excluding oil EEC(8) USA Rest of world EEC(8) USA Rest of world 1972— First quarter … -148 -43 -215 -123 -42 +12 (36) (11) (53) Second Quarter … -132 +53 -122 -113 +54 +88 Third Quarter … -161 +23 -362 -140 +23 -167 Fourth Quarter … -140 +5 -152 -116 +7 +70 1973— First Quarter … -242 -31 -469 -215 -28 -209 (33) (4) (63) (48) (6) (46) Second Quarter … -261 -5 -382 -218 -3 -106 (40) (1) (59) (67) (1) (32) Third Quarter … -336 +5 -552 -316 +4 -263 Fourth Quarter … -328 -67 -732 -328 -69 -307 (29) (6) (65) (47) (10) (44) 1974— First Quarter … -519 -131 -1,099 -472 -126 -273 (30) (7) (63) (54) (14) (31) Second Quarter … -471 -118 -1,206 -413 -118 -231 (26) (7) (67) (54) (15) (30) Third Quarter … -629 -59 -859 -548 -54 -40 (41) (4) (56) (85) (8) (6) Percentages of the total deficit are shown only in cases where the component parts each have the same sign.