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Manufacturing Balance Of Trade

Volume 203: debated on Wednesday 12 February 1992

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31.

To ask the Secretary of State for Trade and Industry when Britain last had a surplus on its manufacturing trade; and what forecast he has made of the manufacturing trade balance for the future.

Britain last had a surplus on its manufacturing trade in 1982. Since 1982 the value of United Kingdom exports of manufactures has increased by 131 per cent. My Department does not make forecasts of the trade balance.