HC Deb 24 February 1976 vol 906 cc142-3W
Mr. Carter

asked the Chancellor of the Exchequer if he will list in the Official Report the 10 leading components in the United Kingdom's invisible exports in value terms.

Mr. Denzil Davies

Detailed information on invisible exports is published in United Kingdom Balance of Payments 1964–74—in particular Tables 7 to 14—and Economic Trends, December 1975—in particular Appendix Table 2. Any listing of components by value would depend on which definitions of the components were chosen.

Mr. Carter

asked the Chancellor of the Exchequer if he will list in the Official Report the 10 leading countries from which the United Kingdom receives its earnings from invisible exports in value terms.

Mr. Denzil Davies

I regret that this information is not available. There are considerable practical difficulties in determining how to attribute many transactions to individual countries. Also, commercial records, on which the global estimates for the balance of payments are based, are often not maintained on a country basis.

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