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Machine Tools

Volume 78: debated on Monday 29 April 1985

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asked the Secretary of State for Trade and Industry what has been the net balance of trade value in machine tools between the United Kingdom and the following in each of the last three years for which figures are available; other member countries of the European Economic Community, Japan, the United States of America, all Commonwealth countries, and the Soviet Union.

The information is as follows.

UK Crude Trade Balance in Metal Working Machine-Tools Value £m
198219831984 (provisional)
European Community−65−56−80
Soviet Union+5+11+12

Source: Data corresponding to SITC/R2 Group 736, less sub-group 736·8 (part) in the UK Overseas Trade Statistics.

Note: Crude balance is calculated as UK exports (fob) less UK imports (cif).