Hong Kong (Hansard, 8 May 1975)

§ Mr. Mike Thomas
asked the Secretary of State for Trade what were the major commodities and products imported from Hong Kong into the United Kingdom in the last year for which statistics are available; and how this compares with 10 years earlier.

§ Mr. Deakins
This information is published in Table II of the December 1974 issue of the "Overseas Trade Statistics of the United Kingdom" and Table 11 of Volume I of the "Annual Statement of the Trade of the United Kingdom for the Year 1964".

§ Mr. Mike Thomas
asked the Secretary of State for Trade what were the trade figures between the United Kingdom and Hong Kong on a balance of payments basis in each of the last 10 available years.

§ Mr. Deakins
Trade figures are not available with individual countries on a balance of payments basis. Figures for trade with Hong Kong on an Overseas

… million, OTS basis

Crude trade balances*

With EEC(8) With Germany

Total trade Trade in products of the motor industry† Total trade Trade in products of the motor industry†

1970 … … -85 +84 -46 -21

1971 … … -256 +35 -113 -42

1972 … … -580 -88 -251 -96

1973 … … -1,167 -105 -566 -120

1974 … … -2,214 -55 -881 -129

* The crude balance is the difference between exports fob and imports cif. It is not a good measure of the balance of trade in goods because, inter alia,of differences in valuation.

† Defined as trade in goods which are principal products of the Motor Vehicle Manufacturing Industry and including most of SITC(R)732 (Road Motor Vehicles) other than 732.9 (Motorcycles); most of 733.3 (Trailers and other not mechanically propelled vehicles); 731.63 (Containers); and parts of 711.5 (Internal combustion piston engines).

						… million, OTS basis
			Crude trade balances*
			With EEC(8)	With Germany
			Total trade	Trade in products of the motor industry†	Total trade	Trade in products of the motor industry†
1970	…	…	-85	+84	-46	-21
1971	…	…	-256	+35	-113	-42
1972	…	…	-580	-88	-251	-96
1973	…	…	-1,167	-105	-566	-120
1974	…	…	-2,214	-55	-881	-129
* The crude balance is the difference between exports fob and imports cif. It is not a good measure of the balance of trade in goods because, inter alia,of differences in valuation.
† Defined as trade in goods which are principal products of the Motor Vehicle Manufacturing Industry and including most of SITC(R)732 (Road Motor Vehicles) other than 732.9 (Motorcycles); most of 733.3 (Trailers and other not mechanically propelled vehicles); 731.63 (Containers); and parts of 711.5 (Internal combustion piston engines).