§ 48. Mr. Ian TaylorTo ask the Chancellor of the Exchequer what is the underlying trend for the growth in non-oil export volume; and what it is for import volume.
§ Mr. Norman LamontIn the three months to January, export volumes (less oil and erratics) were 4 per cent. higher than in the previous three months, while import volumes (less oil and erratics) fell by 1 per cent. Export volumes were 11 per cent. higher than in the same period a year earlier, but import volumes were only 2 per cent. higher.