asked the Taoiseach (a) the value of total imports, (b) the value of total exports, (c) the adverse trade balance, and (d) the deficit in the balance of payments each year since 1945.
Ceisteanna—Questions. Oral Answers. - Value of Imports and Exports.
I propose with your permission, Sir, to circulate in the Official Report a statement giving the information requested by the Deputy.
Following is the statement:—
Year |
Total Merchandise Imports* |
Total Merchandise Exports* |
Merchandise Import Excess* |
Balance of Payments —Balance on current account |
£000 |
£000 |
£000 |
£000 |
|
1945 |
41,073 |
35,496 |
5,577 |
+34,600 |
1946 |
72,043 |
39,008 |
33,036 |
+19,700 |
1947 |
131,335 |
39,511 |
91,823 |
-29,800 |
1948 |
136,316 |
49,327 |
86,989 |
-19,600 |
1949 |
130,232 |
60,552 |
69,679 |
-9,700 |
1950 |
159,394 |
72,391 |
87,003 |
-30,200 |
1951 |
204,596 |
81,520 |
123,075 |
-61,600 |
1952 |
172,309 |
101,599 |
70,710 |
-8,900 |
1953 |
182,480 |
114,098 |
68,383 |
-7,000 |
1954 |
179,890 |
115,342 |
64,549 |
-5,500 |
1955 |
204,338 |
110,383 |
93,956 |
-35,500 |
1955 |
207,663 |
110,851 |
96,812 |
|
1956 |
182,849 |
108,127 |
74,722 |
-14,400 |
1957 |
184,172 |
131,341 |
52,831 |
+9,200 |
1958 |
198,957 |
131,293 |
67,664 |
-1,000 |
1959 |
212,647 |
130,607 |
82,040 |
-8,700 |
1960 |
226,228 |
152,703 |
73,525 |
-800 |
1961 |
261,403 |
180,473 |
80,930 |
+1,200 |
1962 |
273,724 |
174,390 |
99,334 |
-13,400 |
1963 |
306,900 |
196,049 |
110,851 |
-22,100 |
1964 |
347,821 |
222,586 |
125,235 |
-31,400 |
+=surplus. -=deficit.
*The total value of imports and exports in 1955 and subsequent years have been amended to take account of revised estimates of the value of trade consigned by parcel post resulting from a new sample inquiry started in 1955. It is not possible to carry these amendments back beyond 1955 and so for comparative purposes both the old and the new 1955 figures have been shown in the above table.