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Publication - Statistics

Scotland’s International Goods Trade: Quarter 3 2022

Published
27 January 2023
Directorate
Chief Economist Directorate
Part of
Brexit, Business, industry and innovation, Economy, +1 more … International

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

This document is part of a collection

Total trade refers to the sum of goods exports and imports and provides an estimate of Scotland’s overall trade activity in goods. Compared to the first nine months of 2019, the value of Scotland’s total international trade in goods increased by 17.2% (up £7.5 billion) in the first nine months of 2022. Goods trade with EU countries increased by 17.0% (£3.4 billion), which was a larger increase than the UK (up 12.7%). Goods trade with non-EU countries rose by 17.4% (£4.1 billion) during this period, which was a smaller increase than for the UK (up 23.2%).

Figure 13. The value of imports exceeded the value of exports in Q3 2022 for the second time in 2022
Value of Scotland’s goods exports and imports (quarterly), 2019 Q1 to 2022 Q3

Time series showing Scotland's exports, imports and total trade in separate series, in Q3 2022 exports valued at £9.0 billion, imports at £9.3 billion and total trade at £18.3 billion

Source: HMRC RTS, Q3 2022

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