Deputy First Minister Kate Forbes today unveiled a new export plan that includes a focus on helping firms affected by the US tariffs.
Ms Forbes revealed that £2.5 million will be allocated to providing more support for trade missions, market research and product development in association with Scottish Development International.
A bespoke plan will target the United States which is one of Scotland’s biggest export markets, particular for food and drink.
Speaking to Daily Business at the Summerhall Distillery in Edinburgh, she said funding will be increased for exporters in the technology, life sciences, renewables and hydrogen sectors. Food and drink is well-established and is already receiving substantial support, she said.
“In the face of global uncertainty, I am determined to protect and grow Scotland’s business interests around the world.
“As the USA remains the single largest destination for Scottish exports outside the European Union, action to maintain and grow the market share while recognising the changing dynamics of US export opportunities is an important focus of our Programme for Government.
“These steps will build on the significant support we already provide through Scottish Development International and its network of 34 offices across the world, including four in the US.
“We must grasp all opportunities to strengthen Scotland’s reputation in world markets. Demand for Scottish products and services around the world is high and global customers recognise the innovation, quality and ambition of our businesses.”
Commercial director of Summerhall Distillery Dave Quinnell said the company, which produces Pickering’s Gin, recently signed a contract to sell more than 100,000 bottles a year in the US.
“Without Scottish Development International, we would not have been able to access the majority of our international markets.
“We received help to draw up our initial export plan, to access specialist advice and to fund trade visits overseas. All of this has been vital to our business as we grow and continue to explore markets across the world.”
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