Skip to main content

Exports

Volume 23: debated on Monday 10 May 1982

The text on this page has been created from Hansard archive content, it may contain typographical errors.

2.

asked the Minister for Trade if he will give the change in value and volume in exports, and the movement in the visible balance of trade, over the last three years.

In the three years ending 1980, which was the last year for which complete data are available, exports rose by 49 per cent. in value and 8 per cent. in volume. The visible balance of trade moved from a deficit of £2·3 billion to a surplus of £1·2 billion. With permission, I shall circulate the detailed figures in the Official Report.

I am grateful to my hon. and learned Friend for those figures. Does he agree that they are especially encouraging in view of the deep world

Exports and the Visible Balance

Balance of Payments Basis

Exports

Visible balance

Value

Percentage increase

Volume Index

Percentage increase

Value increase

£ million

(year on year)

1975 = 100

(year on year)

£ million

197731,728118·4-2,284
197835,063+11121·5+2½-1,542+742
197940,687+16125·7+3½-3,449-1,907
198047,396+16128·0+2+1,185+4,634