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European Community (Balance Of Trade)

Volume 19: debated on Monday 1 March 1982

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29.

asked the Secretary of State for Trade what percentage of British exports go to the rest of the European Economic Community according to the latest available figures.

asked the Secretary of State for Trade what has been the balance of trade in inorganic chemicals between the United Kingdom and the other member States of the European Community in each year since 1970; if he will express this in both money terms and by giving the export to import ratios; and by how much British inorganic chemicals exports to the Community have grown in real and notional terms in this period.

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

United Kingdom trade with the rest of the European Community in inorganic chemicals.
Crude balance

£ million
Export-import

ratio

per cent
Exports

£ million fob
1975-138366
1976-794104
1977-2387157
1978+11104275
1979+60121343
1980+50120303

Notes:

  • (a) Information at constant prices is not available for trade with particular countries or groups of countries.
  • (b) The European Community is defined throughout on the basis of current membership.
  • (c) The crude balance of trade is the difference between exports valued fob and imports valued cif.
  • (d) Figures correspond to Division 52 of the Standard International Trade Classification (Revision 2). Information for 1970–74 on a comparable basis could be provided only at disproportionate cost.