Exports

HC Deb 06 December 1982 vol 33 cc354-5W

Mr. David Watkins

asked the Minister for Trade what was the percentage of gross domestic product exported by the United Kingdom for each year from 1977–78 to 1981–82; and what is his estimate for 1982–83.

Mr. Peter Rees

Exports and gross domestic product are best compared on a factor cost basis; this information is only available for calendar years and is as follows:

Exports of goods and services as a percentage of GDP*
	Percentage
1977	33
1978	31
1979	32
1980	31
1981	31
1982	†

^*at factor cost.

^†on information available, little change from previous year.