§ Sir Anthony Meyerasked the Secretary of State for Trade what was the balance of trade in motor vehicle components and accessories between the United Kingdom and the other member States of the European Community in 1977, 1978, 1979 and 1980; how this compares with the balance of trade in these products between the United Kingdom and Japan and the United States of America; and if he will express this both in money terms and by giving the export to import ratios.
§ Mr. Peter ReesThe available information is as follows:
United Kingdom Trade in Motor Vehicle Components 1978–80 Crude balance £ million Export Import ratio per cent. Trading area Total trade 1978 +782 219 1979 +737 188 1980 +942 231 European Community 1978 +106 121 1979 -16 97 1980 +155 129 USA 1978 +49 172 1979 +59 175 1980 +56 173 Japan 1978 -15 26 1979 -15 32 1980 -9 39 Notes:
- (a) Figures correspond to Minimum List Heading 381 c in Business Monitor MQ10 (Overseas Trade Analysed in Terms of Industries).
- (b) The European Community is defined in terms of its current membership.
- (c) The crude balance of trade is exports valued fob less imports valued cif.
- (d) Comparable information for 1977 is not available.