HC Deb 23 February 1994 vol 238 cc234-5W
Mr. Jenkin

To ask the President of the Board of Trade if he will produce a table to show what proportion of United Kingdom exports, including services and invisibles, was exported to the rest of the EC single market in each of the last 10 years and a similar table in respect of each of the last 12 months.

Mr. Heseltine

[holding answer 22 February 1994]: Information for 1982 to 1992 is given in the table. A breakdown of invisible exports to other EC countries is only available annually. Information for 1993 is not yet available.

Credits on United Kingdom transactions with the EC as a proportion of total credits on the current account of the balance of payments.
Year Per cent.
1982 36.1
1983 37.3
1984 37.2
1985 38.1
1986 37.8
1987 38.5
1988 38.5
1989 38.6
1990 41.1
1991 44.1
1992 45.5

Note: Includes trade in goods and services, flow of interest profits and dividends, and financial transfers.

Source: The Pink Book 1993: United Kingdom balance of payments.