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Mr. Oppenheim
To ask the Secretary of State for Trade and Industry what were the bilateral trade surpluses/ deficits with the United States of America of each of the OECD countries, Hong Kong, Singapore, South Korea, Taiwan, Romania, India and Brazil, in the latest year for which figures are available.
Mr. Redwood
The information is in the table.
| Trade balances with United States of America 1988 | |
| billion | |
| US $ | |
| Australia | -3·7 |
| Netherlands | -3·2 |
| Spain | -2·2 |
| France | -1·8 |
| Ireland | -1·0 |
| Turkey | -0·5 |
| United Kingdom | -0·5 |
| Greece | -0·2 |
| Norway | -0·2 |
| Austria | -0·1 |
| Finland | -0·1 |
| Portugal | -0·1 |
| New Zealand | 0·0 |
| Denmark | 0·0 |
| Iceland | 0·1 |
| India | 0·1 |
| Romania | 0·5 |
| Belgium/Luxembourg | 0·7 |
| Switzerland | 1·2 |
| Sweden | 1·4 |
| Singapore | 2·5 |
| Italy | 3·7 |
| Brazil | 5·4 |
| South Korea | 8·7 |
| Federal Republic of Germany | 9·4 |
| Hong Kong | 10·4 |
| Taiwan | 10·4 |
| Canada | 11·5 |
| Japan | 48·0 |
Sources: Taiwan—national statistics.
Others—IMF Direction of Trade.