Scotland’s International Goods Trade: Quarter 4 2022

This report contains trade in goods data from the latest release of HMRC's Regional Trade Statistics (RTS).


The Netherlands remained the top destination for Scotland’s exports, with £6.2 billion of goods exported to the Netherlands in 2022. Exports to the Netherlands accounted for 17% of Scotland’s total goods exports in 2022 and increased by £662 million (11.9%) from 2021.

However, when oil and gas are excluded, the United States was Scotland’s top destination for goods exports in 2022, accounting for 16% of Scotland’s goods exports. The value of goods exports to the United States increased by 20.4% (£628 million) to £3.7 billion in 2022 compared to 2021. This was the largest value increase for any destination over this period and was predominantly driven by a 35.8% increase in the value of drinks exports (up £283 million) and a 46.7% increase in the value of power generating machinery exports (up £135 million).

Excluding oil and gas, France was Scotland’s second largest export destination, with the value of exports increasing by 17.1% (£294 million) in 2022 compared to 2021. The top six export destinations all experienced increases over this period. Of Scotland’s top ten goods export destinations in 2022, when oil and gas are excluded, only Norway (down £44 million, 5.6%), and Ireland (down £3 million, 0.4%) saw decreases in the value of goods exports over this period. Compared to 2021, the value of goods exports to Russia experienced the largest value decrease in 2022 (down £119 million, 68.5%), when oil and gas are excluded.

Figure 10. The Netherlands remained Scotland’s top destination for goods exports

Value of goods exports to top ten export destination countries and percentage of total exports in 2022

Bar chart showing the value of goods exports to top ten export destination countries and percentage of total exports in 2022

Source: HMRC RTS, Q4 2022

Table 7. The value of Scotland’s goods exports, excluding oil and gas, to the top ten export destination countries, £ millions 2019-2022

Country

2019

2020

2021

2022

2019 v 2022 change (%)

2020 v 2022 change (%)

2021 v 2022 change (%)

United States

3,403

2,799

3,076

3,704

8.8%

32.3%

20.4%

France

1,598

1,397

1,724

2,019

26.3%

44.5%

17.1%

Netherlands

837

873

1,318

1,640

96.1%

87.9%

24.4%

Germany

1,343

1,189

1,236

1,445

7.6%

21.5%

16.9%

China

658

568

742

796

21.0%

40.0%

7.3%

India

394

277

449

746

89.6%

169.0%

66.3%

Norway

729

1,382

779

736

0.9%

-46.8%

-5.6%

Ireland

774

774

705

702

-9.3%

-9.3%

-0.4%

Singapore

596

481

434

626

5.1%

30.2%

44.3%

Spain

579

814

524

617

6.6%

-24.2%

17.7%

Source: HMRC RTS, Q4 2022

Figure 11. When oil and gas are excluded, USA was the top export destination for goods exports

Value of goods exports to top ten export destination countries and percentage of total excluding oil and gas, 2022

Bar chart showing the value of goods exports to top ten export destination countries and percentage of total excluding oil and gas, 2022

Source: HMRC RTS, Q4 2022

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