Pharmaceuticals

HC Deb 02 March 1982 vol 19 cc71-3W

Sir Anthony Meyer

asked the Secretary of State for Trade what has been the balance of trade in

Mr. Peter Rees

Footwear imported into Taiwan with outer soles of leather, composition leather, rubber or artificial plastic material and with uppers of leather is liable to a Customs duty of 65 per cent., applicable to the cif value of the goods plus 15 per cent., and is also liable to a harbour construction tax of 4 per cent. of the total duty-paying value. In the six months, January, February and September to December 1981, exports of footwear of all kinds from the United Kingdom to Taiwan were valued at less than £500 fob.

The relevant information about imports from Taiwan is as follows:

pharmaceuticals between the United Kingdom and the other member States of the European Community in each year since 1970; if he will express this in both money terms and by giving the export to import ratios; and by how much British pharmaceuticals exports to the Community have grown in real and notional terms in this period.

Mr. Peter Rees

The available information is as follows:

United Kingdom trade with the rest of the European Community in Pharmaceuticals
	Crude Balance (£ million)	Export:Import Ratio (Per cent.)	Exports (£ million fob)
1970	+21	228	38
1971	+26	251	44
1972	+31	242	52
1973	+32	200	64
1974	+45	203	90
1975	+55	212	104
1976	+61	188	130
1977	+58	160	156
1978	+96	187	205
1979	+107	184	233
1980	+114	188	244

Notes:

1. (a) Figures correspond to division 54 of the Standard International Trade Classification, revisions 1 and 2.
2. (b) Information at constant prices is not available for trade with particular countries or groups of countries.
3. (c) The European Community is defined throughout on the basis of current membership.
4. (d) The crude balance of trade is the difference between exports valued fob and imports valued cif.