Brexit costs Scotland up to USD 126.09 million-a-year in lost salmon exports
Image: Fundación Embajada Abierta / / FIS
(UNITED KINGDOM, 3/29/2024)
Scottish salmon is the UK’s largest food export, but farming companies have faced increased red tape and costs triggered by the departure from the EU in January 2020.
In 2019, there were more than 53,000 tonnes of Scottish salmon exported to the bloc, with the figure falling to 44,000 tonnes in 2023.
Source: Stockfile FIS
Export values to the EU were only down three per cent to £356 million (USD 448.88 M) because strong global demand drove up prices, but if the sector had maintained volumes at 2019 levels, then sales would have been above £430 ...
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