HC Deb 09 July 1984 vol 63 cc364-5W
Mr. Austin Mitchell

asked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing the balance of trade with the European Economic Community and with the rest of the world in the first five months of the current year, at an annual rate, for (a) manufactures less precious stones and (b) visible trade less crude oil and precious stones.

Mr. Channon

The figures on an overseas trade statistics basis, which overstates imports, are in the table. These annualised data are unreliable.

United Kingdom Crude Balance of Trade
Overseas trade statistics basis: ½ billion
║1984
Manufactures* less precious stones†
European community -9.4
Rest of World +2.0
Total trade less crude oil‡ and precious stones†
European community -11.2
Rest of world -5.2
*Standard international trade classification, Sections 5 to 8.
†Standard international trade classification, Divisions 667.
‡Standard international trade classification, Division 333.
║January-May at an annual rate.

SourceOverseas Trade Statictics