NewsCase StudiesEvents

Scotland's biggest trading partner continues to be the UK

Also in the news...

Safety and security requirements on imports and exports

Find out about new safety and security declarations that will apply from 1 October 2021 on goods leaving Great Britain (England, Scotland and Wales).

How to open a company in the USA while maintaining residence in Italy

It is one of the best ways for the Italian citizen to manage their business. This corporate vehicle allows access to multiple advantages of an advanced jurisdiction such as the US and also manages to maintain a low tax rate with very manageable levels of accounting and bureaucracy.

UK-ASEAN Joint declaration

Joint Ministerial Declaration on Future Economic Cooperation between the Association of Southeast Asian Nations (ASEAN) and the United Kingdom of Great Britain and Northern Ireland (UK).

DUBAI EXPO STARTS NEXT MONTH - AND IT'S NOT TOO LATE TO JOIN!

These are exciting times for Dubai and the UAE. With the entire business world’s attention soon to turn to the Emirates with the delayed Expo 2020 kicking off in October (and continuing all the way through to the end of March next year) it’s never been a better time to be a UAE business owner

UK Shipping Concierge

The concierge service provides a one-stop shop to help maritime businesses interact with government departments.

Scotland's biggest trading partner continues to be the UK

Back to News

Scotland exported £51.2 billion in goods and services to the rest of the UK in 2018 – a rise of £1.2 billion.

Today’s annual export statistics from the Scottish Government show that more than 60 per cent of all Scottish exports go to England, Wales and Northern Ireland, more than the rest of the world combined, the figures reveal.

In comparison, Scotland’s exports to the EU are worth £16.1 billion, which is less than one third of value of our sales to the rest of the UK.

Total Scottish exports are estimated at £85 billion – a rise of almost three per cent, boosted by a strong performance in the food and drink sector, with whisky bringing in £4.7 billion in international exports alone.

Total international exports are valued at £33.8 billion.

Commenting on the figures, Scottish Secretary Alister Jack said:

The Scottish Government’s own figures show that Scotland’s most important trading partner is the rest of UK - worth more than three times that of trade with all 27 EU countries combined. This demonstrates, once again, that our Union is absolutely crucial to supporting jobs, businesses and prosperity across Scotland.

That is why we are against the First Minister’s demands for another independence referendum, which would put a hard border between Scotland and the rest of the UK. We will instead make 2020 a year of opportunity and growth for all parts of our country.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.