BACKGROUND NOTE
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TV (69) 11
18th February 1969
U.S.A.
8 Million 1967
U.K.
1968
3 Million 1967
1968
IMPORTS
U.S. Imports 26,924
(Total)
33,114
U.K. Imports 6,442
(Total)
7,899 (818,950)
U.S. Imports
from U.K.
1,710
2,048
U.K. Imports
1,058
U.K. Share
6.4
6.2
from U.S.
U.S. Share
807
($2,540)
12.5
13.4
EXPORTS
U.S. Exports 31,534
(Total)
U.S. Exports
33,982
U.K. Exports (Total)
5,210
6.394 (815,350)
to U.K.
1,960
2,132
U.K. Exports to U.S.
637
908
($2,180)
U.K. Share
6.2
6.3
U.S. Share
12.2
14.2
Source
U.S. Bureau of Census
FT 990
U.K. Overseas Trade Accounts
The disappearance of the formerly large favourable balance in the visible trade of the U.S. has been a major factor in the deterioration of the U.S. balance of payments and has encouraged the growth of protectionist pressures.
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