HC Deb 20 July 1988 vol 137 cc609-10W
Mr. Austin Mitchell

To ask the Chancellor of the Duchy of Lancaster what is his estimate of the United Kingdom deficit on trade in manufacturing for 1988 with(a) West Germany and (b) the European Economic Community.

Mr. Alan Clark

The Department does not make such estimates. In the first five months of this year, there were

Review of External Trade Statistics" are compiled by the International Monetary Fund (IMF). The comparison between these and the total-trade weighted relative export unit value indices compiled and published by the IMF is as follows:

import unit values for finished manufactures and export unit values for British manufacturers for each quarter since 1983.

Mr. Alan Clark

The information is as follows:

crude deficits of £3.4 billion and £5.4 billion with the Federal Republic of Germany and the European Community, respectively.