Asked by: Lord Hoyle (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty’s Government what are the EU's main exports to the UK, including both goods and services.
Answered by Lord Maude of Horsham
This information is given in tables 1 and 2 below. The exports of services figures in Table 1 are sourced from the Office for National Statistics’ Pink Book 2015 release and are on a ‘Balance of Payments’ basis. Figures for exports of goods on the same basis are only available at a broad level of commodity aggregation (1 digit SITC level). Goods data at the level of detail required to answer this PQ are available from HM Revenue and Customs Overseas Trade Statistics database (Table 2) which is attached. These data are on a different (‘merchandise’) basis, hence not strictly comparable with the ONS data. Moreover, data for 2015 are not available for services.
Top 10 UK imports of services from the EU in 2014 | |
Type of service | Value (£million) |
|
|
Travel | 22,367 |
Other business services | 15,251 |
Transportation | 10,368 |
Telecoms, computer and information | 5,418 |
Financial | 3,614 |
Intellectual property | 1,990 |
Construction | 1,768 |
Government | 1,763 |
Insurance and pension | 536 |
Personal, Cultural and Recreational | 284 |
|
|
Source: ONS Pink Book 2015 |
|
Note: Data for 2015 will be published by the ONS in July 2016 | |
Asked by: Lord Hoyle (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty’s Government what are the UK's main exports to the EU, including both goods and services.
Answered by Lord Maude of Horsham
This information is given in tables 1 and 2 below. The exports of services figures in Table 1 are sourced from the Office for National Statistics’ Pink Book 2015 release and are on a ‘Balance of Payments’ basis. Figures for exports of goods on the same basis are only available at a broad level of commodity aggregation (1 digit SITC level). Goods data at the level of detail required to answer this PQ are available from HM Revenue and Customs Overseas Trade Statistics database (Table 2) attached. These data are on a different (‘merchandise’) basis, hence not strictly comparable with the ONS data. Moreover, data for 2015 are not available for services.
Table 1
UK trade in services with the EU in 2014 | |
Source: ONS Pink Book 2015 |
|
|
|
Top 10 UK exports of services to the EU in 2014 | |
Type of service | Value (£million) |
|
|
Financial | 20,208 |
Other business services | 18,329 |
Travel | 12,075 |
Transportation | 11,891 |
Telecoms, computer and information | 7,517 |
Intellectual property | 4,199 |
Insurance and pension | 2,455 |
Construction | 725 |
Personal, Cultural and Recreational | 716 |
Government | 524 |
|
|
Source: ONS Pink Book 2015 Note: Data for 2015 will be published by the ONS in July 2016 | |
Asked by: Lord Hoyle (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty’s Government what are the latest figures for the UK's balance of trade with the EU.
Answered by Lord Maude of Horsham
The latest figures for the UK’s balance of trade with the EU are publically available in the ONS Balance of Payments: Quarter 3 (July to Sept) 2015 publication.
The UK’s balance of trade in goods & services with the EU in 2014 was -£58.8 billion, relating to £230.2 billion in exports and £289.1 billion in imports.