Scotland’s International Goods Trade: Quarter 3 2022

When comparing value in the first nine months of 2022 with the first nine months of 2019:

• the value of Scotland’s international goods exports showed little change (1.2% higher in 2022). In comparison, international goods exports from the UK were 7.1% higher.
• when oil and gas are excluded, Scotland’s international goods exports saw an increase of 16.7% (up £2.5 billion), compared to a 2.4% increase for the UK.
• the value of Scotland’s goods exports to the EU increased by 19.7% (up £2.5 billion). When oil and gas are excluded, Scotland’s goods exports to the EU increased by 20.9% (up £1.2 billion).
• Scotland’s goods exports to non-EU countries decreased by 16.9% (down £2.2 billion). When oil and gas are excluded, Scotland’s goods exports to the non-EU actually increased by 14.1% (up £1.3 billion).
• despite a decrease of 5.9%, the Netherlands remained Scotland’s top destination for goods exports. When oil and gas are excluded, USA emerged as the top export destination for goods exports.
• the value of Scotland’s goods imports increased by 40.0% (up £7.2 billion). This increase was driven largely by imports of gas.
• total trade (imports plus exports) increased by 17.2% (up £7.5 billion). Goods trade with EU countries rose by 17.0% (up £3.4 billion), and goods trade with non-EU countries increased by 17.4% (up £4.1 billion).