An image of paper and pens depicting the financial and business sector

In 2017, financial and business services made up around:

  • 10.3% of Scotland’s international exports (£3.4 billion)
  • 27.1% of Scotland’s UK exports (£13.2 billion)

Financial and business services covers a range of subsectors. This includes:

  • business support
  • financial services
  • management consultancy
  • legal and accounting
  • insurance and pensions

How Scotland’s financial and business services exports have increased since 2002

Graph showing how Scotland’s financial and business services exports increased to the rest of the UK and internationally between 2002 and 2017.

Between 2002 and 2017 Scotland’s financial and business services exports increased:

  • internationally from £1.6 billion to £3.4 billion
  • to the rest of the UK from £6 billion to £13.2 billion

Where we can sell more

A Trading Nation used evidence to work out where Scotland could sell the most in future.

This evidence shows where:

  • there’s a large or growing demand for imports
  • Scotland’s exporting less than other, similar countries

The similar countries are Finland, Norway, Denmark and Ireland.

Countries where there’s a large or growing demand for financial and business services imports

Where Scotland’s currently exporting less than similar countries

What we’re going to do

We’ll continue to work with the financial and business services sector to help increase exports. This will include working with businesses in the growing financial technologies sector.

You can find more information on Scotland’s financial and business services sector in A Trading Nation.