§ Mr. Proctorasked the Secretary of State for Trade and Industry whether there has been any change in the state of trade with the Republic of Zimbabwe since September 1983; and if he will make a statement.
Annual inflow of overseas direct investment, excluding oil, into United Kingdom manufacturing industries at current prices 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 *1979 *1980 *1981 Value £ million Western Europe 20 18 52 40 33 54 41 50 65 91 120 112 227 157 207 98 165 EC† 10 4 37 16 23 38 26 17 29 28 33 86 109 121 106 -93 38 Other Western Europe 10 14 15 24 10 16 15 33 36 63 87 26 118 36 101 191 127 United States of America 115 136 74 185 150 203 254 190 346 304 230 500 633 748 *l,016 *863 *554 Other developed countries‡ 24 1 -18 10 38 15 41 -13 41 69 -44 -28 41 19 76 58 -70 Rest of World -7 — 1 — -5 -3 4 — — 4 17 7 6 -1 51 37 143 Total 151 155 109 235 216 269 340 227 453 468 323 591 907 923 *1,350 *1,056 792 Percentage Share║ of World Total Western Europe 13 12 48 17 15 20 12 22 14 19 37 19 25 17 15 9 21 EC† 7 3 34 7 11 16 8 7 6 6 10 15 12 13 8 -9 5 Other Western Europe 7 9 14 10 4 4 4 15 8 13 27 4 13 4 7 18 16 United States of America 76 88 68 79 69 75 75 84 76 65 71 85 70 81 75 82 70 Other developed countries‡ 16 1 -17 4 18 6 12 -6 9 15 -14 -5 5 2 6 5 -9 Rest of World -5 — 1 — -2 -1 1 — — 1 5 1 1 — 4 4 18 Total 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 * Includes adjustments for large loans borrowed in 1979 and 1981 by United States investors from their United Kingdom subsidiaries and repayments made in 1980. † Eight members of EC; includes Denmark and Greece in all years. ‡ Canada, Australia, New Zealand, Japan and South Africa. ║ Component figures may not always sum to totals because of rounding. Source:
Overseas Transctions Inquiry
450W
Annual inflow of direct investment into United Kingdom excluding oil at current prices 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 Value £ million Western Europe 27 26 71 53 52 82 66 92 174 196 211 255 439 434 525 385 EC† 15 11 53 26 34 61 39 44 112 76 96 177 267 310 267 153 Other Western Europe 12 14 18 28 18 21 27 48 62 120 115 78 172 124 258 232 United States of America 151 155 94 208 205 226 286 268 393 410 310 550 636 807 *1,240 *1,430 Other developed countries‡ 27 10 -6 13 65 51 79 28 47 74 37 -50 214 45 180 286
§ Mr. ChannonThe most recent trade figures, and those for the corresponding period in 1982 are:
United Kingdom Exports £ million (fob) United Kingdom Imports £ million (cif) October to December 1983 18.9 25.2 October to December 1982 33.3 22.5 The decline in the United Kingdom's exports is due primarily to Zimbabwe's foreign exchange problems.