HC Deb 27 July 1981 vol 9 cc286-7W
4. Mr. William Hamilton

asked the Secretary of State for Trade if he will publish in the Official Report a table showing for each of the last 10 years, imports and exports to Commonwealth countries, to the European Economic. Community and to the rest of the world.

Mr. Biffen

Yes. During the period in question, as is well known, trade with the rest of the European Community has greatly increased in relative importance and that with the Commonwealth has declined.

Following is the information:

Common-wealth European Community Rest of World
Imports c.i.f. £ thousand million
1971 2.1 2.8 4.9
1972 2.1 3.5 5.4
1973 2.7 5.3 197.8
1974 3.3 7.8 12.0
1975 3.4 8.9 11.8
1976 4.2 11.5 15.4
1977 4.6 14.2 17.4
1978 4.5 16.5 18.5
1979 5.0 20.9 21.0
1980 5.6 20.6 23.7
Exports f.o.b. £ thousand million
1971 1.9 2.6 4.6
1972 1.8 2.9 4.9
1973 2.1 3.9 6.1
1974 2.8 5.5 8.1
1975 3.3 6.4 9.9
1976 3.9 9.1 12.3
1977 4.8 11.8 15.4
1978 5.5 13.6 16.3
1979 5.2 17.5 17.9
1980 6.2 20.5 20.6
Crude Balance (exports valued f.o.b. less imports c.i.f)
£ million
1971 -187 -249 -293
1972 -317 -590 -564
1973 -634 -1,335 -1,668
1974 -586 -2,333 -3,911
1975 -74 -2,481 -1,884
1976 -294 -2,403 -3,110
1977 +151 -2,312 -2,068
1978 +949 -2,926 -2,202
1979 +204 -3,409 -3,083
1980 +561 -78 3,030

Note: Figures throughout the period covered relate to the European Community and the Commonwealth as currently constituted, except that Bangladesh is omitted in 1971 and 1972 and that the New Hebrides are included in 1971–73.

Back to