Manufactured Goods (Exports)

Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 18 April 1990.

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Photo of Mr David Harris Mr David Harris , St Ives 12:00, 18 April 1990

To ask the Secretary of State for Trade and Industry what has been the growth in exports of manufactured goods to the European Community since 1979.

Photo of John Redwood John Redwood Parliamentary Under-Secretary (Department of Trade and Industry), Minister of State (Department of Trade and Industry)

Exports of manufactured goods to the European Community have risen from £13 billion in 1979 to £38 billion in 1989, an increase of £25 billion.

Photo of Mr David Harris Mr David Harris , St Ives

Will my hon. Friend confirm that in the last three months for which figures are available visible exports from Britain to the European Community increased by 11 per cent., whereas imports increased by only 0·5 per cent.? If those figures are correct, do not they show that the trend is very much in the right direction?

Photo of John Redwood John Redwood Parliamentary Under-Secretary (Department of Trade and Industry), Minister of State (Department of Trade and Industry)

My hon. Friend is right. The trend is certainly in the right direction. The figures relate to all our visible trade with EC and non-EC countries. It is most encouraging to see the trade balance improving, as forecast by the Treasury and by a variety of external forecasters. It is a pity that the hon. Member for Dunfermline, East (Mr. Brown) did not remain to hear the rest of these questions. He has been saying that the trade balance is not improving. How wrong he is, but how right it is that the trade balance is improving, as we expected, because British industry is responding well.

Photo of Mr Win Griffiths Mr Win Griffiths , Bridgend

Will the Minister give the figures for 1979 and 1989 of imports from other European countries to the United Kingdom and compare them with the figures that he gave earlier?

Photo of John Redwood John Redwood Parliamentary Under-Secretary (Department of Trade and Industry), Minister of State (Department of Trade and Industry)

The hon. Gentleman is right that imports from the European Community have risen. As one would expect, there has been a big increase in imports and exports as we benefit from more trading patterns with Europe. Comparing the figures for 1979 and 1989, the balance is not much different. The proportion of imports from the European Community in 1989 was similar to the proportion in 1979.