Distilled Spirits
U.S. Distilled Spirits Exports in 2022
Total Export Value
$2.06 Billion
3-Year Average
$1.68 Billion
Compound Average Growth
3.2% (2013-2022)
Top 10 Markets for Distilled Spirits in 2022
Market | Total Value (USD) |
---|---|
European Union | $703.76 Million |
Canada | $267.71 Million |
United Kingdom | $158.55 Million |
Australia | $141.43 Million |
Japan | $112.78 Million |
Mexico | $106.37 Million |
Brazil | $50.39 Million |
South Korea | $49.89 Million |
Dominican Republic | $47.99 Million |
United Arab Emirates | $47.94 Million |
Data and Analysis
Ecuador’s National Customs Service (SENAE) announced on February 2, 2023, that Distiller’s Dried Grains with Solubles (DDGS) will no longer be subject to a 12 percent value added tax.
Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.
In 2022, Hong Kong was the world’s tenth largest spirits importer, with global imports recovering 7 percent year-on-year and valued at $502 million. From 2020-2021, Hong Kong’s imports and domestic sales of spirits were seriously hampered under the COVID-19 pandemic, as most restaurants, pubs, and bars were closed due to stringent dining, social distancing, and travel restrictions.