§ Sir Anthony Meyerasked the Minister for Trade what has been the export-import ratio for United Kingdom trade with the other member States of the European Community, the rest of Western Europe, North America and Japan in each year since 1972; and what was the export-import ratio for manufactured goods with these areas in 1981.
§ Mr. Peter ReesThe information is as follows:220W
Export/Import Ratios* of United Kingdom Trade per cent. Trade with: Rest of European Community† Western Europe excluding EC North America Japan (a) Total Trade‡ 1972 83 89 95 55 1973 74 79 87 61 1974 72 81 77 56 1975 71 92 78 46 1976 80 93 79 45 1977 86 96 82 44 1978 84 84 85 42 1979 87 82 82 41 1980 104 99 76 35 1981 100 87 100 28 (b) Manufactures ║ ¶ 1981 81 88 79 23 Notes:
* Exports divided by imports expressed as a percentage.
† Including Greece, Denmark, and Ireland throughout.
‡ With the exception of Japan for which only data on an Overseas Trade Statistics basis are available, these ratios are derived from data on Balance of Payments basis. For comparison purposes, the ratios in 1981 on Overseas Trade Statistics basis for the European Community, rest of the Western Europe, and North America respectively were 97, 81, and 94.
[...] Taken as Standard International Trade Classification sections 5 to 8.
¶ Exports and imports on Overseas Trade Statistics basis—i.e. exports fob; imports cif.
Source: Overseas Trade Statistics.