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Balance Of Trade

Volume 889: debated on Monday 24 March 1975

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asked the Secretary of State for Trade what was the total British trading deficit or surplus with the EEC countries and the rest of the world, respectively, disregarding the import or export of oil and associated products in 1970 and in the most recent annual period for which figures are available.

The visible balances of trade in goods other than petroleum and petroleum products were:

Balance of payments basis
19701974
£ million£ million
EEC(8)+ 132-1,816
Rest of the world+ 338+ 165