HC Deb 28 November 1974 vol 882 cc259-60W
Mr. Stanley

asked the Secretary of State for Trade what is the present trading balance with the EEC countries in 1974 compared with the equivalent period in 1973; and whether he will show the breakdown of the overall balance, sector by sector.

Mr. Deakins

In terms of the "crude" trade balance—that is, the difference between exports valued fob and imports valued cif—the information requested is as follows:—

£ million
SITC(R) section 1973 First 10 months 1974 First 10 months
0 Food and live animals -577 -1,001
1 Beverages and tobacco -92 -73
2 Crude materials, inedible -1 +15
3 Mineral fuels and lubricants 101 -207
4 Animal and vegetable oils and fats -11 -28
5 Chemicals -30 -110
6 Manufactured goods, classified by material +140 -86
7 Machinery and transport equipment -248 -236
8 Miscellaneous manufactured articles -83 -111
9 Othergoods +18 +10
(Trade excluding oil* -883 -1,608)
TOTAL TRADE -985 -1,826
* Petroleum and petroleum products.