Brexit costs Edinburgh equivalent of £211.4 MILLION as exports plummet

SCOTTISH ECONOMY LOSES £2.2BN IN TRADE TO EU

Brexit has cost Edinburgh the equivalent of £211.4 million as Scottish exports have plummeted since the UK left the EU to the value of £2.2bn.

Figures from HMRC show that exports have dropped 13% in the past two years from £16.7bn to £14.5bn.

The £2.2bn loss is equivalent to Edinburgh losing £211.4 million.

Commenting, Gordon Macdonald MSP said: “Brexit has been an unmitigated disaster for every area of Scotland, including in Edinburgh. These latest figures show why it is essential for Scotland to become independent and re-join the European Union.

“Only with independence can we get back on the road towards prosperity as both Labour and the Tories offer no way back to the European Union, just continuing decline under Westminster control.

“Industries in Edinburgh and across Scotland are suffering as a result of the disastrous Brexit, the only way Scotland can flourish and realise our full potential is by becoming an independent country in the European Union.”

https://www.heraldscotland.com/news/homenews/23091755.scots-exports-slump-13-per-cent-since-brexit/

Area                                   Population                       Lost Export Value

Scotland                            5,479,900                         £2.2 billion

Aberdeen City                  227,430                             £91.3 million

Aberdeenshire               262,690                             £105.5 million

Angus                                116,120                             £46.6 million

Argyll and Bute                86,220                               £34.6 million

City of Edinburgh            526,470                             £211.4 million

Clackmannanshire          51,540                               £20.7 million

Dumfries and Galloway 148,790                             £59.7 million

Dundee City                     147,720                             £59.3 million

East Ayrshire                    122,020                           £49 million

East Dunbartonshire      108,900                             £43.7 million

East Lothian                     109,580                             £44 million

East Renfrewshire           96,580                               £38.8 million

Falkirk                                160,700                             £64.5 million

Fife                                     374,730                             £150.4 million

Glasgow City                    635,130                             £255 million

Highland                           238,060                             £95.6 million

Inverclyde                         76,700                               £30.8 million

Midlothian                        94,680                               £38 million

Moray                               96,410                               £38.7 million

Na h-Eileanan Siar           26,640                               £10.7 million

North Ayrshire                 134,220                             £53.9 million

North Lanarkshire           341,400                             £137.1 million

Orkney Islands                 22,540                               £9 million

Perth and Kinross            153,810                             £61.7 million

Renfrewshire                   179,940                             £72.2 million

Scottish Borders              116,020                             £46.6 million

Shetland Islands              22,940                               £9.2 million

South Ayrshire                 112,450                             £45.1 million

South Lanarkshire           322,630                             £129.5 million

Stirling                               93,470                               £37.5 million

West Dunbartonshire    87,790                               £35.2 million

West Lothian                   185,580                             £74.5 million