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Balance Of Trade

Volume 13: debated on Monday 16 November 1981

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asked the Secretary of State for Trade if he will list the balance of trade for (a) Syria, (b) Jordan, (c) Iraq, (d) Iran, (e) Saudi Arabia, (f) Egypt, (g) Israel, (h) Kuwait, (i) United Arab Emirates and (j) Libya over the first nine months of this year and the preceding five years; and what were the percentage changes in imports and exports with each of these countries for the nine-month period and the aye-year period.

The information which can be provided within acceptable limits of cost is as follows:

United Kingdom Crude Balances of Trade (Exports Valued FOB less Imports Valued CIF) with Selected Countries, 1976 to 1980
(£ million).
19761980
Syria+56·8+69·3
Jordan+55·3+88·8
Iraq-127·4-210·6
Iran-531·2+286·2
Saudi Arabia-577·1-935·4
Egypt+104·8-9·5
Israel+124·4-3·4
Kuwait-440·6-397·1
United Arab Emirates+124·9+17·9
Libya-31·7+241·9
Change in Value of United Kingdom Trade (at Current Prices) with Selected Countries, 1980 Compared with 1976
(per cent.)
ExportsImports
Syria+26·6+59·5
Jordan+69·5+659·0
Iraq+111·7+90·6
Iran-23·7-89·8
Saudi Arabia+136·1+92·4
Egypt+88·7+395·8
Israel-7·9+86·0
Kuwait+71·0+10·3
United Arab Emirates+54·0+141·3
Libya+113·8-72·1

Source: Overseas Trade Statistics of the United Kingdom (1981 basis).

Note:

(a) Information for the period March-August 1981 is not at present available.

(b) The United Arab Emirates comprise Abu Dhabi, Dubai, Sharjah, Ras al Khaimah, Ajman, Umm al Qauwain and Fujairah.