HC Deb 30 June 1981 vol 7 cc325-6W
Mr. Teddy Taylor

asked the Secretary of State for Trade if he will list the balance of payments in manufactured items less precious stones between the United Kingdom and the rest of the world, excluding the European Economic Community, for each of the past seven years; and if he will divide each figure by the then value of output for each worker in United Kingdom manufacturing industry.

Mrs. Sally Oppenheim

The available information is as follows:

United Kingdom Crude Balance of Trade in Manufactures less Precious Stones* with the Rest of the World excluding the European Community
Crude Balance Crude Balance Divided by Value Added† per Worker in United Kingdom Manufacturing Industry‡
£ Million Thousand
1974 +2,398 662
1975 +4,128 1,005
1976 +4,721 932
1977 +5,946 1,032
1978 +5,521 838
1979 +4,197 550§
1980 +5,302 624║
Notes:
* Trade in precious stones is not available by country. Trade in non-metallic mineral manufactures has been used instead; approximately eighty per cent, of the value of trade with the rest of the world excluding the European Community in this heading in 1980 was accounted for by trade in precious stones, using 1981 definitions
† Gross value added at factor cost.
‡ Manufacturing industry is taken as SIC orders V to XIX (manufacturing excluding food drink and tobacco and coal and petroleum products) to bring the coverage closer to that of trade in manufactures (SITC Sections 5 to 8).
§ Provisional.
║ Estimated.

Source: Overseas Trade Statistics adjusted on to a 1981 basis.