English and Scottish Overseas Trade, 13001600

This article compares English and Scottish exports, from 13001600, using existing statistical data from England and a new data set of Scottish exports. It shows that the significant English and Scottish wool trades collapsed at almost identical rates. However, while England shifted towards exporting woollen cloth, a similar move in Scotland was weakbecause of the poor quality of cloth and the urban form of the industry. In the second half of the sixteenth century, as English exports stagnated, Scottish trade began to grow, especially new and less-established commodities. This recovery was based on the heavy depreciation of the Scottish currency