TNAG-0143-FCO40-179-Exports-of-textiles-to-United-States-of-America-1969 — Page 157

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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