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Mr. Meacher
asked the Secretary of State for Trade and Industry what has been the non-oil manufacturing trade balance with (i) the member states of the European Economic Community and (ii) the rest of the world each year since 1960.
Mr. Alan Clark
The information is in the following table:
| United Kingdom balance of trade in manufactures | ||
| £ million | ||
| Balance of payments basis | ||
| European Community1 | Rest of world | |
| 1960 | 138 | 1,464 |
| 1961 | 270 | 1,477 |
| 1962 | 359 | 1,423 |
| 1963 | 398 | 1,472 |
| 1964 | 339 | 1,268 |
| 1965 | 386 | 1,456 |
| 1966 | 392 | 1,528 |
| 1967 | 266 | 1,276 |
| 1968 | 306 | 1,335 |
| 19692 | 545 | 1,573 |
| 19702 | 643 | 1,918 |
| 1971 | 426 | 2,589 |
| 1972 | 55 | 2,090 |
| 1973 | -368 | 1,856 |
| 1974 | -507 | 2,477 |
| 1975 | -588 | 4,326 |
| 1976 | -476 | 5,393 |
| 1977 | -488 | 6,374 |
| 1978 | -1,727 | 6,793 |
| 1979 | -2,580 | 5,277 |
| 1980 | -1,168 | 6,626 |
| 1981 | -2,613 | 7,197 |
| 1982 | -4,335 | 6,706 |
| 1983 | -7,174 | 4,911 |
| 1984 | -8,082 | 4,203 |
| 1985 | -8,683 | 5,680 |
| 1986 | -10,058 | 4,662 |
1 Present membership throughout.
2 1960 to 1969 Overseas Trade Statistics basis—imports valued inclusive of insurance and freight—the corresponding figures for 1970 are £560 million and £1,674 million respectively.
Sources:
Department of Trade and Industry. United Kingdom Overseas Trade Statistics.
Note:
Manufactures taken as standard international trade classification (revision 2), sections 5 to 8; this excludes oil which is in division 33.