The above graph shows, to the end of September 2017, the trade deficits of every other part of the UK and Scotland’s now long-standing surplus. Further, Scotland’s exports increased to the end of June, by 20%, while those of England increased by only 14%, suggesting the gap in the overall economic performance of the two countries is widening.
At the same time, the UK’s overall trade deficit widened to £8.9 billion reflecting increased imports. You can see from the above graph that this deficit is long-standing
You’ll see from previous reports detail of the nature of Scotland’s booming export industries and the role the Scottish Government has played in supporting this trend:
The unavoidable conclusion is that Scotland continues to be saddled with debt she has not incurred yet which is used in the GERS figures to suggest falsely that Scotland’s economy is weaker than it really is.
Footnote: N Ireland has (small) trade surplus for the first time in years.
You can read more from John Robertson at https://thoughtcontrolscotland.com/