Exports provide a vital source of growth. Scotland's Economic Strategy emphasises that exports are key to rebalancing Scotland’s economy. As well as having positive implications in terms of the resilience and sustainability of economic growth, there is evidence that companies that are exposed to international investment and competition become more productive. The indicator measures the growth in the value of goods and services that Scotland exports to other countries, and, as set out in Scotland's Economic Strategy, is supported by an ambitious target for Scottish businesses to deliver a 50% increase in the value of international exports by 2017. The success of Scottish exports reflects the competitiveness of Scottish companies, their links to world markets and world economic conditions. The Scottish export market has faced challenging conditions in recent years, particularly as a result of the slowdown in trade flows as a result of the recession in the global economy.
This indicator measures the annual value of exports to the rest of the world (not including the rest of the UK) as gathered through the Export Statistics Scotland, available at: http://www.gov.scot/Topics/Statistics/Browse/Economy/Exports. Criteria for dashboard recent performance colour: any difference within +/- 3% of last year's figure suggests that the position is more likely to be maintaining than showing any change. An increase of 3% or more suggests the position is improving; whereas a decrease of 3% or more suggests the position is worsening.
Export Statistics Scotland (ESS) is an annual survey of businesses that collects information on exports and international connections of companies in Scotland and is the only export survey covering all sectors of the Scottish economy. Data have been collected annually since 2002. ESS is a sample survey, which is sent to companies who have operations in Scotland. The companies were selected using stratified random sampling from Scottish companies in the Inter-Departmental Business Register (IDBR). The IDBR is a list of UK businesses maintained by the Office for National Statistics (ONS). ESS responses are supplemented with UK surveys and other data sources to account for non-response before being weighted to reflect the entire population of Scottish business. Further information on the methodology of the source is available at: http://www.gov.scot/Topics/Statistics/Browse/Economy/Exports/ESSMethodology