Inflation Adjusted HMRC Regional Trade Statistics for Scotland Q1 2025
This report contains inflation adjusted HMRC Regional Trade Statistics for Scotland.
Part of
Goods imports
In the year ending March 2025 compared to the previous year Scotland’s goods imports decreased by 5% to a value of £20.5 billion.
The decrease was largely driven by imports of Power generating machinery (down 50%), Manufactures of metal (down 45%) and Road vehicles (down 24%). Power generating machinery was the largest decrease, and accounted for around two thirds of the overall decrease.
There were increases in General industrial machinery (up 22%), Animal feed (up 33%) and Electrical machinery & appliances (up 11%).
EU imports decreased by 2% between the year ending March 2025 and the previous year, driven largely by imports of Power generating machinery (down 55%). Imports from non-EU countries decreased by 7% over this period, which was driven by imports of Power generating machinery (down 48%).
Figure 6. Scotland’s EU and non-EU goods imports diverged during the pandemic, with imports from the EU below pre-pandemic levels
Index of Scotland’s international goods imports (CVM) by destination, year ending Q1 2018 to year ending Q1 2025. The year ending March 2018 = 100.
Over the longer term Scotland’s imports have decreased (down 7% in the year ending March 2025 since the corresponding period in 2019). EU imports decreased by 14% over this period, while non-EU imports decreased by 3%.