§ Mr. ThurnhamTo ask the President of the Board of Trade what has been the trend of Britain's share of world trade over the last 30 years, per(a) invisibles, (b) visibles and (c) invisibles and visibles combined. [24569]
§ Mr. NeedhamThe available information is given in the table.
UK value share of world exports in visibles. Invisibles and both combined. (Per cent.) visibles invisibles Visibles and invisibles 1963 7.9 — — 1964 7.2 — — 1965 7.3 — — 1966 6.9 — — 1967 6.7 — — 1968 6.4 — — 1969 6.4 — — 1970 6.2 — — 1971 6.4 — — 1972 5.9 — — 1973 5.1 — — 1974 4.5 9.5 5.5 1975 5.0 9.1 5.8 1976 4.6 8.8 5.5 1977 5.0 8.3 5.7 1978 5.2 8.2 5.9 1979 5.3 8.9 6.0 1980 5.5 8.7 6.2 1981 5.2 12.9 7.3 1982 5.3 13.0 7.6 1983 5.0 12.1 7.3 1984 4.9 12.0 7.1 1985 5.7 11.9 7.6 1986 5.0 11.1 7.0 1987 5.3 10.8 7.1 1988 5.2 11.0 7.1 1989 5.1 10.9 7.1 1990 5.5 10.6 7.3 1991 5.4 9.7 7.0 1992 5.2 8.6 6.5 1993 4.9 8.0 6.0 Source:
IMF International Financial Statistics.
Balance of Payment Statistics Part 2.