§ Mr. ColvinTo ask the President of the Board of Trade what percentage of Britain's world trade was with European Union member states in each of the last 10 years; and what has been the rate of growth of this trade relative to Britain's trade with the rest of the world. [13682]
§ Mr. Greg Knight[holding answer 31 January 1997]: The available information is given in the table:
UK exports and imports of goods £ billion, current prices EU15 Rest of the world EU as per cent. of world 1986 86.7 68.1 56.0 1987 96.2 73.6 56.7 1988 104.6 77.6 57.4 1989 119.7 89.2 57.3 1990 128.9 93.3 58.0 1991 128.1 89.0 59.0 1992 134.4 93.4 59.0 1993 143.2 113.0 55.9 1994 159.1 121.0 56.8 1995 181.6 134.7 57.4 January-November 1995 166.3 122.9 57.5 1996 176.1 139.0 55.9 Average annual growth rate, 1986–95 (per cent.) 8.6 7.9 Source:
Monthly Review of External Trade Statistics, November 1996, ONS.
§ Mr. ColvinTo ask the President of the Board of Trade what estimate he has made of the current value of British investment in European Union member states and of the current value of each member state's investment in the United Kingdom. [13685]
§ Mr. Knight[holding answer 31 January 1997]: Information on UK inward and outward investment with the European Union for 1995 was published by the Office for National Statistics in "First Release ONS (96) 268 Overseas Direct Investment 1995" dated 17 December 1996. The publication is available in the Library of the House.