Inflation Adjusted HMRC Regional Trade Statistics for Scotland Q1 2026
This report contains Scotland's trade in goods data from the latest release of HMRC's Regional Trade Statistics (RTS).
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Destinations
The EU remains Scotland’s top destination, accounting for around 40% of the value of Scotland’s total goods exports. The USA is Scotland's second largest export market, worth £3.9 billion and accounting for 16% of Scotland's total goods exports.
Figure 7. The EU accounts for the largest share of international goods exports.
Value of Scotland’s international goods exports in the year ending March 2026
The largest increases in goods exports in the last 12 months have been to Middle East and North Africa (up 20%) and Asia and Oceania (up 4%), the largest decreases have been to the EU (down 4%) and North America (down 7%).
Figure 8. Goods exports to the EU are down by £333 million
Real terms change in Scotland’s goods exports: the year ending March 2026 compared to the previous year