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Balance Of Trade

Volume 164: debated on Friday 12 January 1990

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To ask the Secretary of State for Trade and Industry what is the balance of trade with (a) the rest of the European Communiity, (b) the USA and (c) Japan; and if he will make a statement.

I have been asked to reply.Information from which crude trade balances

1 may be derived can be found in the Monthly Review of External Trade Statistics, available from the Library of the House, or on the central statistical office databank which may be accessed through the Library.

1 Crude balances slightly overstate deficits (or understate surpluses) since the value of imports, but not that of exports, includes insurance and freight.