Economy Scotland Economy Most Scottish industry and commerce is concentrated in a few large cities on the waterways of the central lowlands. Edinburgh, on the Firth of Forth, is a cultural center, the administrative capital of Scotland, and a center of paper production and publishing. Although heavy industry has declined, the high-technology Silicon Glen corridor has developed between Glasgow and Edinburgh.
Tourism is also very important.
The significance of coal, once Scotland's most important mineral resource, has declined. Oil, however, gained prominence in Scotland's economy during the 1970s, with the growth of North Sea oil extraction companies. Natural gas is also abundant in the North Sea fields. Aberdeen is the center of the oil industry. Textiles, beer, and whisky, which are among Scotland's chief exports, are produced in many towns.