Scotland is the only part of the UK running a consistent trade surplus
Natural resource producer runs goods trade surplus.
Quite remarkable, don’t know how they do it.
…..but for those with an interest in Scottish economics the implication is at least interesting. The persistent claim that Scotland has a weak economy and is unable to sustain itself is not supported by this data. The chance that it may now and certainly did, support the UK economy as a whole, is, however supported.
Whut? A goods trade surplus indicates a strong economy? Err, but, the US had a massive trade surplus during the Depression…….