HC Deb 14 March 1980 vol 980 cc750-1W
Mr. Austin Mitchell

asked the Secretary of State for Trade what was the weight attached to imports and exports of machinery under the trade classification adopted in the tables attached to the press notice on the monthly trade figures; and how these are distributed by weight under the new classification.

Mr. Parkinson

The weight given to machinery continues to be 286 parts per 1,000 of export trade and 137 parts per 1,000 of import trade. These weights are distributed among the headings of the new classification as follows:

Exports
other consumer 12
intermediate 128
capital 146
Imports
other consumer 14
intermediate 61
capital 62

Mr. Austin Mitchell

asked the Secretary of State for Trade whether he will publish a table in the Official Report showing the weights to be attached to the new import and export classification in tables 8–14 of the statistics attached to the press notice in the monthly trade figures.

Mr. Parkinson

Weights are relevant only to the tables of volume and unit value index numbers—9, 10, 13 and 14. The weights for the export series are given in table 9, and for imports in table 13. For ease of reference, from next month these will be repeated, as appropriate, in tables 10 and 14.

Mr. Austin Mitchell

asked the Secretary of State for Trade whether he will publish in the Official Report a table showing volume and unit values for each category of exports in each year since 1970 on the basis shown in the tables attached to the press notice on the January trade figures.

Mr. Parkinson

This information is included in the article "United Kingdom Visible Trade in the Fourth Quarter and Year, 1979", published inBritish Business on 14 March.

Mr. Austin Mitchell

asked the Secretary of State for Trade what groups of products are included under the last three headings of manufactured goods specified in the tables attached to the press notice on the monthly trade figures.

Mr. Parkinson

The three series given in the press notice allocate finished manufacturers, other than erratics—ships, North Sea installations and aircraft—to the United Nations (UN) classification by broad economic category. A list of the main products included in these series was given in an article which appeared inTrade and Industry—now British Business—on 15 June 1979. A more detailed description of the classification may be found in the UN statistical paper, series M53. "Classification by broad economic categories", published in 1976. Copies of both these publications are available in the House of Commons Library.

Back to