HC Deb 17 May 1977 vol 932 cc92-3W
Mr. Hooley

asked the Chancellor of the Exchequer (1) if he will list in the Official Report the gross earnings of foreign currency by the United Kingdom in 1974, 1975 and 1976 in the following broad categories (a) export of manufactures, (b) export of food and agricultural products, (c) tourism, (d) banking and insurance and financial services, (e) shipping and (f) other sources not otherwise included;

(2) if he will list in the Official Report gross expenditure across the exchanges by the United Kingdom in 1974, 1975 and 1976 in the following broad categories; (a) import of manufactures, (b) import of industrial raw materials, (c) import of food and agricultural products, (d) Government expenditure on defence,(e) expenditure on overseas aid, (f) payment of debt, (g) payment for banking

1974 1975 1976
Current Earnings:
All exports of goods (BOP basis) 16,450 19,379 25,294
Exports of manufactures (OTS basis) 13,685 16,459 21,347
Exports of food, drink and tobacco (OTS basis) 1,063 1,428 1,694
Travel 837 1,111 1,619
Financial and allied services (net)* 645 757 935
Shipping 2,675 2,648 3,088
Other current earnings 6,008 6,574 7,955
Total Current Earnings 26,615 30,469 38,891
Current Payments:
All imports of goods (BOP basis) 21,671 22,574 28,886
Imports of manufactures (OTS basis) 11,913 12,800 16,933
Imports of basic materials (OTS basis) 2,561 2,204 3,223
Imports of food, drink and tobacco (OTS basis) 3,762 4,335 4,993
Travel 683 875 990
Shipping 2,780 2,636 3,139
Government defence expenditure overseas 569 670 860
Economic grants 118 166 242
Public sector debt interest payments 608 820 949
Other current payments 3,566 4,363 5,248
Total Current Payments 29,995 32,104 40,314
* Excluding earnings on overseas investments and borrowing and lending. These figures are only available on a net basis