HC Deb 18 July 1975 vol 895 c641W
Mr. Michael Spicer

asked the Secretary of State for Trade if he will publish in the Official Report a list of those countries with which the United Kingdom has a favourable balance of Trade.

Mr. Deakins

Balance of trade figures are not available with individual countries on a balance of payments basis. The crude trade deficit or surplus with any country can be obtained from figures of imports cif and export fob in Tables II and V respectively in the issues of the monthly Overseas Trade Statistics. The crude trade balance—the difference between exports fob and imports cif—is not the best measure of the balance of trade in goods because, inter alia, of differences in valuation.

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