§ Mr. OppenheimTo ask the Secretary of State for Trade and Industry what were the bilateral trade surpluses/ deficits with the United States of America of each of the OECD countries, Hong Kong, Singapore, South Korea, Taiwan, Romania, India and Brazil, in the latest year for which figures are available.
§ Mr. RedwoodThe information is in the table.
Trade balances with United States of America 1988 billion US $ Australia -3.7 Netherlands -3.2 Spain -2.2 France -1.8 Ireland -1.0 Turkey -0.5 United Kingdom -0.5 Greece -0.2 Norway -0.2 Austria -0.1 Finland -0.1 Portugal -0.1 New Zealand 0.0 Denmark 0.0 Iceland 0.1 India 0.1 Romania 0.5 Belgium/Luxembourg 0.7 Switzerland 1.2 Sweden 1.4 Singapore 2.5 Italy 3.7 Brazil 5.4 South Korea 8.7 Federal Republic of Germany 9.4 Hong Kong 10.4 Taiwan 10.4 Canada 11.5 Japan 48.0 Sources: Taiwan—national statistics.
Others—IMF Direction of Trade.