Speeches

Lord Pearson of Rannoch – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-05-18.

To ask Her Majesty’s Government what were the proportions, by value, of British exports of goods to EU member states invoiced in (1) sterling, (2) US dollars, and (3) euro, in 2015.

Lord Price

The data requested is not available. HM Revenue and Customs collects data on the currency of invoice for trade with non-EU countries but businesses are not required to declare the currency of invoicing for trade with EU member states.