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Balance Of Trade

Volume 986: debated on Thursday 19 June 1980

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asked the Secretary of State for Trade whether he will publish in the Official Report a table showing for the European Economic Community countries and for the rest of the world, the visible balance of trade for (a) total trade less crude oil and precious stones and (b) manufactures less precious stones, for the first four months of the current year.

In the period January to April 1980, for total trade less crude oil and precious stones, the United Kingdom had crude deficits of £1·4 billion with the European Community and £0·5 billion with the rest of the world ; for trade in manufactures less precious stones, there was a crude deficit of £1·2 billion with the Community and a crude surplus of £1·4 billion with the rest of the world.