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Ec (Manufacturing)

Volume 114: debated on Thursday 23 April 1987

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asked the Secretary of State for Trade and Industry what was the surplus or deficit in manufacturing trade with the European Economic Community in the most recent period for which figures are available; and what were the comparable figures for each of the previous 20 annual periods in respect of the nations now compromising the European Economic Community.

The available information is in the following table:

United Kingdom balance of trade in manufactures1 with other European Community2 countries
Balance of Payments basis
£million
19663392
19673266
19683306
19693545
1970643
1971426
197255
1973-368
1974-507
1975-588
1976-476
1977-488
1978-1,727
1979-2,580
1980-1,168
1981-2,613
1982-4,335
1983-7,174
1984-8,082
1985-8,683
1986-10,058
1 Standard International Trade Classification, Section 5 to 8.
2 Present membership throughout.
3 Overseas Trade Statistics Basis — imports valued inclusive of insurance and freight — the corresponding figure for 1970 is £560 million.

Sources: Department of Trade and Industry Overseas Trade Statistics