§ Mr. Austin Mitchellasked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing the volume and value of imports of finished manufactures each year since 1970 and this year to date on the basis of current weights; and if he will provide the same figure for exports.
§ Mr. Alan ClarkThe information is as follows:
Finished manufactures OTS basis Volume Index (current weighted, 1980 = 100) Imports Exports Imports Exports £ million £ million 1970 2,091 4,050 36.4 71.0 1971 2,452 4,735 40.6 77.3 1972 3,155 4,972 49.1 75.6 1973 4,665 5,951 62.2 83.1 1974 5,602 7,584 63.1 88.9 1975 6,769 10,066 62.5 93.4 1976 8,957 12,561 66.1 96.1 1977 11,480 15,590 74.1 99.4 1978 14,012 16,989 83.0 96.2 1979 16,995 18,197 99.0 95.8 1980 17,696 20,776 100.0 100.0 1981 19,460 21,505 102.7 95.8 1982 23,083 23,253 112.6 96.0 1983 27,971 24,138 125.1 91.7 1984 33,241 28,476 137.5 100.7 1985 37,037 32,681 144.5 108.2 *1986 9,247 7,963 142.4 102.6 * First quarter, seasonally adjusted.
§ Mr.. Austin Mitchellasked the Secretary of State for Trade and Industry in which quarters since 1970 the terms of trade for finished manufactures have been higher than in the three months ended February 1986.
§ Mr. ButcherThe terms of trade index for finished manufactures in the three months ending February 1986 23W was 102.7 (1980 = 100). The index was higher in the first quarter of 1981 (103.2) and the fourth quarter of 1985 (103.3).