§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer whether he will publish in theOfficial Report a table showing for each year from 1970 to 1989 on a balance of payments basis the balance of trade with the European Economic Community Twelve and with other countries on (a) manufactures and (b) invisible trade; and if he will add figures for manufactures less erratic items.
§ Mr. Norman Lamont[holding answer 23 March 1990]: Estimates on a balance of payments basis for trade in manufactures with the European Community and with non-European Community countries are shown in the table:
United Kingdom Trade Balances with EEC and Non-EEC Countries in Manufactured Goods (SITC 5-8) from 1970–1989 BOP basis £ million Not Seasonally Adjusted Year EEC Non-EEC 1970 644 1,899 1971 431 2,578 1972 60 2,086 1973 -360 1,845 1974 -478 2,441 1975 -587 4,326 1976 -490 5,401 1977 -503 6,376 1978 -1,735 6,789 1979 -2,570 5,280 1980 -1,174 6,600 1981 -2,651 7,146 1982 -4,458 6,550 1983 -7352 4,636 1984 -8,313 3,895 1985 -8,999 5,376 1986 -10,392 4,340 1987 -10,670 2,842 1988 -12,538 -2,338 1989 -13,583 -2,552 Information for invisible trade is available for 1973 to 1988 on the Central Statistical Office database, which may be accessed through the Library. The information for 1978 to 1988 is also in table 10.1 of 1989 edition of the "The CSO Pink Book", which is available in the Library of the House.
Comparable data for manufactures less erratic items on a balance of payments basis are not available.