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Petrochemicals

Volume 77: debated on Wednesday 24 April 1985

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asked the Secretary of State for Energy what was the cost to the balance of payments of the import of refined petrochemical products in each year since 1975; and if he will express that as a percentage of total imports.

The value of imports of refined and semi-refined petroleum products is given below:

Value (£m)Value as percentage of total visible imports
19756992·9
19769303·0
19779682·7
19789982·4
19791,5503·2
19801,8023·6
19812,1234·1
19822,3264·1
19832,4233·7
*19844,2315·4
* Provisional; All figures include process oils which are used in the United Kingdom as a refinery feedstock.