Scotland to double exports to £30bn

By James Ridler contact

- Last updated on GMT

Scottish food exports are set to double 2030
Scottish food exports are set to double 2030
The Scottish Government has announced the second phase of its Food and Drink Export Plan, in a bid to double the country’s overseas turnover to £30bn by 2030.

Supported by £4.5m of joint funding from the Government (£2.7m), industry (£900,000) and enterprise agency Scottish Development International (£900,000), the second phase of the plan will last from 2019 to 2024.

Scottish companies will be able to use the funding to take their products into new markets, along with support from ‘in-market specialists’ to offer expert advice, forge relationships with buyers and encourage new product development.   

Successful first phase

Rural economy secretary Fergus Ewing said last year’s record level of exports (£6.3bn) was supported by the success of the first phase of the export plan.

He added: “This is a hugely exciting time for the sector and I’m confident that Government and industry will continue to work together successfully to identify new opportunities for Scotland, with the clear strategy set out by this latest plan.

“The need to explore and exploit international markets could not be clearer, given the current uncertainty around our future trading relationship with Europe – our single largest market, which is eight times larger than the UK market alone.”

Game-changing

Food Drink Scotland chief executive James Withers said the development of the plan and the implementation of a global team of trade specialists had been a game-changing investment for Scotland.

“Industry and Government have come together to share funding and we now have more international customers than ever before wanting to do business with Scottish food and drink producers,”​ he said. “Our ambition is to double the size of our industry to £30bn by 2030 and this next export plan will be crucial to unlocking our full potential.”

Meanwhile, UK food and drink exports were worth a record £5.7bn in the first quarter of 2019,​ according to the Department for International Trade (DIT).

Related news

Show more

1 comment

Email Subscription

Posted by Girish Agarwal,

Kindly add to your newsletter subscription

Report abuse

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Featured Events

View more

Products

View more

Webinars