§ Mr. Nicholas Wintertonasked the Secretary of State for Trade what was the United Kingdom's trade balance with newly industrialised countries in finished manufactures at current prices in 1978 and 1979.
§ Mr. TebbitFinished manufactures correspond to sections 7 and 8 of the394W factor cost, constant prices, for the period 1973 to 1979: food, drink and tobacco, raw materials, fuels, semi-manufactures and finished goods.
§ Mr. TebbitThe information is as follows:
standard international trade classification, and details of the balance of trade in them with individual countries can readily be derived from tables II (imports) and V (exports) of the 1978 annual edition and December 1979 monthly edition of the Overseas Trade Statistics on the Kingdom. As there is no established definition of a newly industrialised country, my hon. Friend may like to consult the Overseas Trade Statistics on the countries which interest him. Alternaively, if the number of these countries makes this unduly laborious and he cares to let me know which they are, I shall be glad to reconsider his question.