Scotch Whisky Exports To The U.S. Top $1.3B On Double-Digit GrowthFebruary 13, 2019
Scotch whisky shipments to the U.S. surged by 12.8% to £1.04 billion ($1.3b) last year, accounting for about 22% of total Scotch exports, according to the Scotch Whisky Association. Shipment volume to the U.S. was also up strongly in 2018, rising 7.4%.
Globally, Scotch exports reached a new record high of £4.7 billion ($6.1b) on 7.8% growth. Blended Scotch accounted for nearly two-thirds of total shipments, but the higher-end single malt segment continues to outpace blended whiskies, increasing 11% to £1.3 billion ($1.7b) last year. In addition to the U.S., Singapore, United Arab Emirates, India, and Mexico also saw double-digit value increases in 2018.
Scotch Whisky Association CEO Karen Betts warned that the industry’s export gains could be imperiled by a no-deal Brexit, which is currently expected to occur at the end of March if U.K. and E.U. negotiators can’t come to terms.—Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.