asked the Minister for Trade what was the balance of trade in manufactures for 1970, 1975, 1980, 1981 and in the first nine months of 1982 with (a) West Germany, (b) France and (c) the United States of America.
The information is as follows:
| United Kingdom Crude Balance of Trade in Manufactures* | |||
| Overseas Trade Statistics basis | |||
| Federal Republic of Germany | France | USA | |
| £ million | £ million | £ million | |
| 1970 | -96 | +58 | -118 |
| 1975 | -749 | -157 | -230 |
| 1979 | -2,523 | -727 | -541 |
| 1980 | -2,007 | -439 | -1,455 |
| 1981 | -2,153 | -573 | -1,121 |
| 1982† | -2,391 | -442 | -1,084 |
* Taken as Standard International Trade Classification sections 5 to 8. † January to September.
Source: Overseas Trade Statistics.
asked the Minister for Trade what is his estimate of the deficit in manufactured, less precious stones, trade with the original EEC Six and the rest of the world in (a) 1970, (b) 1979, (c) 1980, (d) 1981 and (e) the first nine months of 1982 at an annual rate.
The balance, both deficits and surpluses, are as follows:
| United Kingdom Crude Balance of Trade in Manufactures* less | ||
| Precious Stones† | ||
| Overseas Trade Statistics basis | ||
| European Community (Original six) | Rest of the World | |
| £ million | £ million | |
| 1970 | +103 | +2,115 |
| 1979 | -4,094 | +5,449 |
| 1980 | -2,906 | +6,308 |
| 1981 | -3,802 | +6,604 |
| 1982 | -5,516‡ | +5,426‡ |
* Taken as Standard International Trade Classification, sections 5 to 8.
† Taken as Standard International Trade Classification, Division 66.
‡ Estimated by the first nine months of 1982 at an annual rate.
Source: Overseas Trade Statistics.
asked the Minister for Trade if he will set out separately for the European Economic Community as a whole, for Germany, for France and for the rest of the world for each of the last six months the value of exports and imports in manufactures, the gap between exports and imports and the percentage of imports covered by exports; and how these last figures compare in each case with the annualised figures for each of the last five years.
The information is as follows:
| United Kingdom Trade in Manufactures* | ||||
| Exports | Imports | Crude Balance† | Ratio‡ | |
| £ million | £ million | £ million | per cent. | |
| France | ||||
| 1977 | 1,632 | 1,913 | -280 | 85 |
| 1978 | 1,850 | 2,385 | -535 | 78 |
| 1979 | 2,270 | 2,997 | -727 | 76 |
| 1980 | 2.550 | 2,989 | -439 | 85 |
| 1981 | 2,461 | 3,034 | -573 | 81 |
| 1982 | ||||
| April | 245 | 309 | -64 | 79 |
| May | 235 | 282 | -47 | 83 |
| June | 283 | 307 | -24 | 92 |
| July | 237 | 276 | -39 | 86 |
| August | 169 | 208 | -39 | 81 |
| Sept. | 238 | 290 | -52 | 82 |
| F.R of Germany | ||||
| 1977 | 1,873 | 3,207 | -1,334 | 58 |
| 1978 | 2,209 | 4,077 | -1,868 | 54 |
| 1979 | 2,764 | 5,287 | -2,523 | 52 |
| 1980 | 3,140 | 5,147 | -2,007 | 61 |
| 1981 | 3,165 | 5,318 | -2,153 | 60 |
| 1982 | ||||
| April | 294 | 559 | -265 | 53 |
| May | 279 | 590 | -311 | 47 |
| June | 317 | 591 | -274 | 54 |
| July | 297 | 590 | -293 | 50 |
| August | 234 | 469 | -235 | 50 |
| Sept | 295 | 568 | -273 | 52 |
| European Community | ||||
| 1977 | 8,830 | 9,740 | -910 | 91 |
| 1978 | 9,967 | 11,996 | -2,029 | 83 |
| 1979 | 12,219 | 15,299 | -3,081 | 80 |
| 1980 | 13,437 | 15,202 | -1,765 | 88 |
| 1981 | 12,781 | 15,757 | -2,976 | 81 |
| 1982 | ||||
| April | 1,207 | 1,646 | -439 | 73 |
| May | 1,182 | 1,621 | -439 | 73 |
| June | 1,285 | 1,712 | -427 | 75 |
| July | 1,183 | 1,603 | -419 | 74 |
| August | 862 | 1,239 | -377 | 70 |
| Sept | 1,183 | 1,567 | -384 | 75 |
| Rest of World | ||||
| 1977 | 16,935 | 10,897 | +6,038 | 155 |
| 1978 | 18,022 | 12,330 | +5,692 | 146 |
| 1979 | 18,651 | 14,390 | +4,261 | 130 |
| 1980 | 21,377 | 16,038 | +5,339 | 133 |
| 1981 | 22,107 | 16,235 | +5,872 | 136 |
| 1982 | ||||
| April | 2,043 | 1,591 | +452 | 128 |
| May | 1,864 | 1,579 | +284 | 118 |
| June | 2,047 | 1,691 | +356 | 121 |
| July | 1,908 | 1,492 | +416 | 128 |
| August | 1,748 | 1,416 | +331 | 123 |
| Sept | 1,906 | 1,585 | +322 | 120 |
Notes:
(* ) Taken as Standard International Trade Classification Sections 5 to 8.
(†) Exports less imports (exports valued fob; imports valued cif.
(‡) Exports expressed as a percentage of imports.
Source: Overseas Trade Statistics.