§ Mr. Teddy Taylorasked the Secretary of State for Trade what has been the balance of trade in manufactures with the European Economic Community and the rest of the world, respectively, in the current year to date; and what were the comparable figures for the same period in each of the previous 10 years.
§ Mr. ParkinsonDetailed overseas trade statistics for the United Kingdom for 1981 have, at present, been published only for January. The figures requested, for January 1981 and for January in each of the previous ten years, are given in the following table:
United Kingdom Crude Balance of Trade in Manufactures* with the European Community† and the Rest of the World £ million European Community Rest of World January 1971 +18 +154 January 1972 -9 +195 January 1973 -33 +182 January 1974 -86 +88 January 1975 -102 +315 January 1976 -51 +415 January 1977 -122 +347 January 1978 -225 +453 January 1979 -225 +403 January 1980 -252 +387 January 1981 -18 +482 * SITC 5 to 8 † Including Greece, Denmark and Ireland throughout. Notes:
1. Figures have been adjusted, as far as is practicable, onto a 1981 classification basis. Any remaining discontinuities are likely to be very small.
2. In addition to the impact of inflation, comparison of the figures is affected by the erratic nature of the monthly figures.
§ Mr. Teddy Taylorasked the Secretary of State for Trade if he will publish a table showing the credit or deficit in the United Kingdom's trade in manufacture with the Federal Republic of Germany, France and Italy, respectively, in each of the past three years.
§ Mr. ParkinsonThe information is as follows:
United Kingdom Crude Trade Balance in Manufactures* £ million FR of Germany France Italy 1978 -1868 -535 -667 1979 -2523 -727 -796 1980 -2007 -439 -375 * SITC (R2) Sections 5 to 8. Source: Overseas Trade Statistics (1981 basis).