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27 Oct 2003 : Column 13W—continued

Iran

Mr. McCabe: To ask the Secretary of State for Trade and Industry what the value of export credits for Iran has been in each year since 1996; and what the main trade products between Iran and the UK have been. [132924]

Mr. Mike O'Brien: 1. The Value of export credits for Iran since 1996 is as follows:

Value of Export Credits
£ thousand
19960
19970
1998150
19990
20000
200138,217
200275,692
200383,203

2. The main trade products between Iran and the UK up to 2002 are as follows:

UK trade in goods with Iran, 1996–2002
Main products UK Exports *SITC

1996 Division ProductValue£ million
174 General industrial machinery & machine parts *nes65.6
278 Road vehicles (including air-cushion vehicles)40.6
372 Machinery specialised for particular industries37.9
459 Chemical materials and products nes33.7
571 Power generating machinery and equipment26.1
Total Exports (incl. top five exports as listed above)396.6

1997 Division ProductValue£ million
174 General industrial machinery & machine parts nes64.7
271 Power generating machinery and equipment55.9
372 Machinery specialised for particular industries36.3
459 Chemical materials and products nes33.5
587 Professional, scientific and controlling instruments nes31.2
Total Exports (incl. top five exports as listed above)402.6

1998 Division ProductValue£ million
171 Power generating machinery and equipment58.9
274 General industrial machinery & machine parts nes54.2
359 Chemical materials and products nes34.1
478 Road vehicles (including air-cushion vehicles)30.0
572 Machinery specialised for particular industries27.0
Total Exports (incl. top five exports as listed above)330.9


27 Oct 2003 : Column 14W

1999 Division ProductValue£ million
174 General industrial machinery & machine parts nes43.3
271 Power generating machinery and equipment27.2
359 Chemical materials and products nes23.2
472 Machinery specialised for particular industries20.3
577 Electrical machinery, apparatus and appliances nes19.3
Total Exports (incl. top five exports as listed above)244.9

2000 Division ProductValue£ million
174 General industrial machinery & machine parts nes62.4
272 Machinery specialised for particular industries36.7
371 Power generating machinery and equipment34.9
487 Professional, scientific and controlling instruments nes22.9
578 Road vehicles (including air-cushion vehicles)19.1
Total Exports (incl. top five exports as listed above)296.1

2001 Division ProductValue£ million
174 General industrial machinery & machine parts nes95.5
271 Power generating machinery and equipment67.1
372 Machinery specialised for particular industries44.5
487 Professional, scientific and controlling instruments nes35.2
554 Medical and pharmaceutical products23.9
Total Exports (incl. top five exports as listed above)430.8

2002 Division ProductValue£ million
174 General industrial machinery & machine parts nes71.7
271 Power generating machinery and equipment66.7
372 Machinery specialised for particular industries56.8
487 Professional, scientific and controlling industruments nes40.0
554 Medical and pharmaceutical products22.6
Total Imports (incl. top five imports as listed above)401.7

1996 Division ProductValue£ million
1 33 Petroleum, petroleum products and related materials86.3
2 65 Textile yarn, fabrics, made-up articles nes and related products9.9
305 Vegetables and fruit 7.2
Fish (not marine mammals), crustaceans, molluscs and aq
4 03 invertebrates etc.2.8
5 28 Metalliferous ores & metal scrap2.5
Total Imports (incl. top five imports as listed above)118.8

27 Oct 2003 : Column 15W

1997 Division ProductValue£ million
1 65 Textile yarn, fabrics, made-up articles nes and related products9.9
2 67 Iron & steel6.2
3 05 Vegetables and fruit5.3
4 28 Metalliferous ores & metal scrap2.4
526 Textile fibres (and their wastes)1.5
Total Imports (incl. top five imports as listed above)36.2

1998 Division ProductValue£ million
165 Textile yarn, fabrics, made-up articles nes and related products7.8
205 Vegetables and fruit4.3
367 Iron & steel3.2
433 Petroleum, petroleum products and related materials3.0
571 Power generating machinery and equipment2.9
Total Imports (incl. top five imports as listed above)36.1

1999 Division ProductValue£ million
1 05 Vegetables and fruit9.6
265 Textile yarn, fabrics, made-up articles nes and related products 7.3
372 Machinery specialised for particular industries2.4
4 69 Manufactures of metal nes2.1
Fish (not marine mammals), crustaceans, molluscs and aq
5 03 invertebrates etc2.0
Total Imports (incl. top five imports as listed above)36.5

2000 Division ProductValue£ million
165 Textile yarn, fabrics, made-up articles nes and related products 7.7
205 Vegetables and fruit4.3
3 69 Manufactures of metal nes3.0
4 71 Power generating machinery and equipment2.4
5 91 Postal packages not classified according to kind2.2
Total Imports (incl. top five imports as listed above)33.2

2001 Division ProductValue£ million
165 Textile yarn, fabrics, made-up articles nes and related products 6.1
2 05 Vegetables and fruit5.5
3 91 Postal packages not classified according to kind3.0
4 66 Non-metallic mineral manufactures nes2.4
5 71 Power generating machinery and equipment2.0
Total Imports (incl. top five imports as listed above)29.6

2002 Division ProductValue£ million
165 Textile yarn, fabrics, made-up articles nes and related products 6.0
2 05 Vegetables and fruit5.2
3 71 Power generating machinery and equipment3.9
4 91 Postal packages not classified according to kind3.4
5 67 Iron & steel2.5
Total Imports (incl. top five imports as listed above)35.9

Note:

The main products are defined in terms of Divisions of the Standard International Trade

Classification (*SITC), Revision 3.

*nes = not elsewhere specified

Source:

DTI analysis of data published by HM Customs and Excise


27 Oct 2003 : Column 16W

Manufacturing

Mr. Wray: To ask the Secretary of State for Trade and Industry what assistance her Department provides to manufacturing companies in the UK to improve export levels; and if she will make a statement on the importance of (a) manufacturing exports and (b) export credit guarantees to the UK economy. [133137]

Mr. Mike O'Brien: British Trade International, a joint DTI and FCO operation, provides a range of information, advice and support to enable potential and existing exporters, including manufacturers, to raise their productivity and competitiveness levels by trading internationally.

Manufacturing exports are a crucial part of the UK's prosperity. Manufacturing accounts for the majority of our exports and makes a substantial contribution to the balance of payments.

ECGD provides guarantees, insurance and reinsurance against loss to UK exporters and investors in overseas markets. During 2002/03, the total amount of business supported by ECGD was £3.5 billion.

Oil Stocks

Mr. Redwood: To ask the Secretary of State for Trade and Industry what plans the EU has to share oil stocks in the event of an oil crisis. [134317]

Mr. Timms: The UK is required as a member state of the European Union to hold emergency oil stocks equal to 67.5 days' consumption, and as a member of the International Energy Agency (IEA) to take part in any collective response to a major international supply disruption.

Under the legislation governing the EU stock-holding obligations, if difficulties arise with regard to EU oil supplies the European Commission will arrange a consultation between member states. However, any response to disruption, including sharing arrangements, is a matter for member states, acting as members of the IEA. The European Commission made a proposal last year to increase its own role. This proposal was opposed by member states at the Energy Council in May 2003, and by the European Parliament at a plenary session in September 2003.


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