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Balance of Payments

Volume 451: debated on Monday 30 October 2006

To ask the Secretary of State for Trade and Industry what the annual balance of payments surplus or deficit is for (a) each of the English regions, (b) Scotland and (c) Wales. (97202)

Regional statistics are not available on a balance of payments basis.

HM Revenue and Customs publish regional data on international trade in goods. Their latest figures for 2005, combining European Union and non-EU trade on an overseas trade statistics basis, are:

£ million

Exports of goods

Imports of goods

Difference

United Kingdom

211,756

272,287

(60,531)

North East

8,379

6,270

2,109

North West

19,307

19,618

(310)

Yorkshire and the Humber

11,873

12,832

(959)

East Midlands

16,015

13,251

2,764

West Midlands

15,206

19,640

(4,434)

East

19,131

34,357

(15,226)

London

26,371

43,342

(16,971)

South East

32,231

62,897

(30,666)

South West

10,347

11,552

(1,205)

England

158,860

223,758

(64,898)

Wales

8,645

6,394

2,251

Scotland

12,661

9,060

3,601

Northern Ireland

4,614

4,015

599

Unknown

26,975

29,059

(2,084)

These data exclude internal UK trade between regions and countries.

Partial figures for regional exports of services are included in the DTFs annual publication ‘Regional Competitiveness and State of the Regions’. Regional figures for imports of services or for other components of the balance of payments current account are not available.