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Oil-Producing Countries

Volume 885: debated on Wednesday 5 February 1975

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asked the Secretary of State for Trade what has been the increase in the volume and value of United Kingdom exports to individual OPEC countries over the past four years; and how the United Kingdom performance rates with that of the United States of America, Japan, West Germany, Sweden, France, Denmark, and Italy.

No information is available on the increase in the volume of exports; the following table shows the increases in the dollar value of exports:

Iraq Per cent.

Qatar Per cent.

United Arab Emirates Per cent.

Indonesia Per cent.

Ecuador Per cent.

Venezuela Per cent.

United Kingdom

Annual average increase 1970–735·238·527·241·720·05·9
Annual average increase 1970–7425·230·440·140·217·39·8
Increase January-September 1973/January-September 197482·0-12·364·136·6-12·521·9

United States

Annual average increase 1970–7336·0

*

35·018·611·010·8
Increase January-September 1973/January-September 1974475·194·3122·323·589·562·0

Japan

Annual average increase 1970–7345·4

*

63·741·918·316·4
Increase January-September 1973/January-September 1974721·7126·496·761·489·087·1

German Federal Republic

Annual average increase 1970–7330·843·8

*

28·821·825·6
Increase January-September 1973/January-September 1974436·687·7190·275·880·84·0

Sweden

Annual average increase 1970–734·444·283·144·227·627·5
Increase January-September 1973/January-September 1974122·925·096·339·241·0-26·3

France

Annual average increase 1970–7333·451·8

*

48·532·227·5
Increase January-August 1973/January-August 1974147·7-11·0-26·7110·9155·339·4

Denmark

Annual average increase 1970–73-5·5125·7123·723·7-12·623·2
Increase January-September 1973/January-September 1974164·817·6103·097·1185·7-26·5

Italy

Annual average increase 1970–7327·544·2

*

7·723·915·8
Increase January-September 1973/January-September 1974182·9143·3148·8157·863·281·3

* Not available for 1970 and 1971.

Source: I.M.F. Direction of Trade.