5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Scottish salmon exports on track to hit £1bn as global demand surges

by
August 14, 2025
in Investing
0
Scottish salmon exports on track to hit £1bn as global demand surges

Scottish salmon exports are on course to surpass £1 billion for the first time, fuelled by surging demand from international markets including the United States, China and Canada.

New figures show sales abroad rose by 33% to £941 million in the 12 months to June, according to Salmon Scotland. In the first half of 2025 alone, exports were worth £528 million, putting the UK’s biggest food export on track for a record-breaking year.

The growth comes as Scottish producers prepare to enter the lucrative Indian market following the UK’s free trade agreement with the country, which will cut tariffs on salmon exports.

Tavish Scott, chief executive of Salmon Scotland, said the latest numbers reflected “remarkable success” for the sector and the hard work of farmers meeting growing global demand.

“With international sales approaching £1 billion, Scottish salmon continues to perform strongly on the world stage, especially in the US where demand remains robust,” he said. “However, tariffs remain a significant barrier, costing the sector an estimated £30 million each year. Removing these tariffs would open up even greater opportunities for exporters.”

The US market grew by 110% in the first half of 2025 compared to the same period last year, reaching £190 million. China was up 75% to £74 million, Taiwan rose 45% to £17 million, and Canada posted a 1,300% jump to £21 million.

While France remains the top export market, taking 45% of Scottish salmon sales, EU exports overall dipped 7% to £423 million. By contrast, non-EU markets surged 106% to £518 million.

The sector has also benefitted from improved survival rates and higher harvest volumes, with monthly survival averaging 99.12% between January and June – the best start to a year since records began in 2018.

Mairi Gougeon, Scotland’s Cabinet Secretary for Rural Affairs, hailed the “exceptional performance” and said the government was working with the industry to maintain growth. “Reducing US tariffs on Scottish produce, including salmon, is a priority,” she said.

Salmon farming contributes £766 million in Gross Value Added (GVA) to the UK economy, directly employing 2,500 people in Scotland and supporting a further 10,000 jobs in coastal and island communities.

Previous Post

Stocks go down on profit taking, fiscal concerns

Next Post

Light, smart, and surprisingly capable — Two weeks with the Xiaomi Band 10

Next Post
Light, smart, and surprisingly capable — Two weeks with the Xiaomi Band 10

Light, smart, and surprisingly capable — Two weeks with the Xiaomi Band 10

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    E-wallets told to drop gambling links

    E-wallets told to drop gambling links

    August 14, 2025
    Q2 foreign investment pledges slide by 64% amid tariff uncertainty

    Q2 foreign investment pledges slide by 64% amid tariff uncertainty

    August 14, 2025
    Vehicle sales slip in July as rains dampen demand

    Vehicle sales slip in July as rains dampen demand

    August 14, 2025
    DBM chief wants to limit unprogrammed appropriations

    DBM chief wants to limit unprogrammed appropriations

    August 14, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.