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Mr. Chapman
asked the Minister for Trade if he will list in the Official Report the United Kingdom balance of trade—visible and invisible as a whole—surpluses and deficits with each country for the last 12 months for which figures are readily available
Mr. Peter Rees
The available information which can be provided within acceptable cost limits is given in the following table. It shows the crude trade surplus or deficit with some major trading partners. Corresponding figures for other countries may be derived from table 1B of the appropriate volumes of the Overseas Trade Statistics.
United Kingdom Crude Balances of Visible Trade, September 1981—August 1982 | |
£million | |
France | +43 |
Belgium-Luxembourg | -631 |
Netherlands | +22 |
Federal Republic of Germany | -1,396 |
Italy | -629 |
Irish Republic | +981 |
Denmark | -203 |
Norway | -1,136 |
Sweden | +96 |
Finland | -349 |
Switzerland | -569 |
Spain | -27 |
Nigeria | +1,183 |
South Africa | +517 |
Saudi Arabia | -343 |
Iraq | +749 |
India | +396 |
Hong Kong | -158 |
Japan | -1,940 |
Australia | +583 |
Canada | -669 |
USA | +339 |
All other countries | +884 |
TOTAL | -2,256 |
Notes:
1 Trade in invisibles is not available by partner country.
2. The crude balance of trade is exports valued fob minus imports valued cif.