Trade: Bermuda

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what the value was of (a) imports and (b) exports of (i) goods and (ii) services between Bermuda and the United Kingdom in each of the last 10 years for which information is available. (161087)

The information is as follows.

(i) Overseas Trade Statistics recorded data for UK trade in goods with Bermuda are shown in the following table:

*£ million*
	UK imports of goods from Bermuda	UK exports of goods to Bermuda
1997	54.2	55.4
1998	3.7	40.2
1999	39.3	183.7
2000	1.8	325.9
2001	45.3	34.0
2002	18.0	30.9
2003	68.0	42.0
2004	55.6	32.5
2005	16.0	20.3
2006	73.7	19.6

(ii) Data on trade in services are not available for the full 10 years requested. table 9.13 of the UK Balance of Payments “Pink Book 2007” gives the following figures for UK trade in services with Bermuda:

*£ million*
	UK imports of services from Bermuda	UK exports of services to Bermuda
2005	297	683
2006	357	705

Volume 465: debated on Thursday 25 October 2007