HC Deb 27 July 1989 vol 157 cc815-6W
Mr. Austin Mitchell

To ask the Secretary of State for Trade and Industry whether he will publish a table in theOfficial Report showing in terms of sterling at specified rates of exchange the overall and per capita surplus/deficit on trade in manufactures in 1959, 1967, 1977 and 1988 in the case of the United Kingdom, United States of America, Germany, Japan, France and Italy.

Mr. Redwood

The information is in the following tables:

Trade in Manufactured Goods1 Balances
£ billion
United Kingdom USA FR Germany Japan France Italy
1959 1.9 1.1 1.9 0.8 0.9 0.3
1967 3.3 1.6 3.9 2.4 0.5 1.0
1977 3.2 0.1 16.8 22.5 3.2 6.1
1987 -5.7 -56.0 37.5 58.4 -1.6 9.9
1988 -11.0 -49.1 40.2 61.3 -3.5 8.9
1 Standard International Trade Classification Sections 5–8.

Surplus/Deficit Per Capita
£
United Kingdom USA FR Germany Japan France Italy
1959 35.7 6.2 33.7 8.7 20. 5.9
1967 60.3 8.2 65.5 23.6 10.5 18.6
1977 57.1 0.5 27.30 197.8 60.2 108.3
1987 -100.7 -229.8 612.0 478.0 -28.4 172.8
1988 -192.7 -199.4 656.9 499.7 -63.0 155.1

Sources:OECD,UN and IMF.

National currencies /sterling exchange rates
USA US dollar FR Germany Deutsche Mark Japan Yen France Franc Italy Lire
1959 2.80 11.76 1,008 13.82 1,739
1967 2.77 11.62 996 13.66 1,729
1977 1.75 4.05 468 8.57 1,540
1987 1.64 2.94 236 9.84 2,123
1988 1.78 3.12 228 10.60 2,315

Source: IMF, CSO.

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