11657-Economic Survey-Galley 30
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United Kingdom Regional Balance of Payments on Current Account
Table 17
£ million
1950
1948
1949
July-
January-December
Year
June
(pro-
(pro-
visional)
visional)
Dollar Area
Imports, f.o.b....
402
440
203
223
426
Exports and re-exports
191
189
131
185
316
Invisibles (net)
-62
-51
+13
-5
+8
Balance of current transactions
(credit,+; debit, —)
-273
-302
-59
-43
- 102
O.E.E.C. Countries
Imports, f.o.b....
340
458
271
299
570
Exports and re-exports, f.o.b.
391
418
285
309
594
Invisibles (net)
+33
+22
+32
+54
+84
Balance of current transactions
(credit,+; debit, —)
+84
-18
+-46
+64
+110
Other Non-Sterling Countries
Imports, f.o.b....
391
315
224
194
418
Exports and re-exports, f.o.b.
262
303
154
162
316
Invisibles (net)
+41
+39
+38
+50
+88
Balance of current transactions
(credit, +; debit, ~)
-88
+27
...
-32
+18
-14
Rest of Sterling Area
Imports, f.o.b....
657
752
453
502
955
Exports and re-exports, f.o.b.
739
908
468
529
997
Invisibles (net)
+115
+99
+64
+89
+153
Balance of current transactions
(credit,+; debit, —)
+197
+255
+79
+116
+195
Total-Non-Dollar Countries
Imports, f.o.b....
1,388
1,525
948
995
1,943
Exports and re-exports, f.o.b.
1,392
1,629
907
1,000
1,907
Invisibles (net)
+189
+160
+134
+193
+327
Balance of current transactions
(credit,+; debit, —)
+193
+264
+93
+198
+291
Total—All Countries
Imports, f.o.b....
1,790
1,965
1,151
1,218
2,369
Exports and re-exports, f.o.b.
1,583
1,818
1,038
1,185
2,223
Invisibles (net)
+127
+109
+147
+188
+335
Balance of current transactions
(credit, +; debit, —)
-80
...
-38
+34
+155
+189
Table 18
United Kingdom Imports by Source
Per cent. of total value(1)
1950
1948
1949
1st Half
2nd Half (pro- visional)
Year (pro-
visional)
O.E.E.C. Countries
19
Other Non-Sterling Countries United Kingdom Colonies Other Sterling Area Countries...
11
26
Total Non-Dollar Countries
78
Dollar Area
2912 22
228 22
24
16
11
27
78
2227 20
23
25
19
16
13
12
82
82
18
18
2020 20
2922 20
24
18
12
28
82
18
Total-All Countries
100
100
100
100
100
:
(1) Based on transactions as defined for balance of payments purposes.
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