CAB129-45 — Page 50

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11657-Economic Survey-Galley 30

Page 50

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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