Hard Liquor in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $2.36B in Hard Liquor, making it the 4th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 133rd most exported product in United States. The main destination of Hard Liquor exports from United States are: Canada ($320M), United Kingdom ($184M), Netherlands ($177M), Australia ($164M), and Spain ($147M).

The fastest growing export markets for Hard Liquor of United States between 2021 and 2022 were Panama ($78.8M), United Kingdom ($71.4M), and Spain ($53.4M).

Imports In 2022, United States imported $10.9B in Hard Liquor, becoming the 1st largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 60th most imported product in United States. United States imports Hard Liquor primarily from: Mexico ($4.17B), France ($2.67B), United Kingdom ($1.76B), Canada ($493M), and Ireland ($485M).

The fastest growing import markets in Hard Liquor for United States between 2021 and 2022 were Mexico ($928M), United Kingdom ($338M), and Netherlands ($92M).

COMPANIES In 2023, leading companies such as BUSA DISTRIBUTION CENTER (4.5k), MISA IMPORTS (3.98k), and AMAZON SERVICES LLC (696) were at the forefront of shipping Hard Liquor to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Hard Liquor exports accounted up to $155M and imports accounted up to $811M, resulting in a negative trade balance of $656M. Between January 2023 and January 2024 the exports of United States' Hard Liquor have decreased by $-29.2M (-15.9%) from $184M to $155M, while imports decreased by $-77.4M (-8.71%) from $888M to $811M.

Destinations In January 2024, Hard Liquor were exported mostly to Netherlands ($26.2M), Panama ($21.5M), Canada ($18M), Italy ($9.2M), and United Kingdom ($8.93M), and were imported mostly from Mexico ($319M), France ($169M), United Kingdom ($123M), Canada ($51.8M), and Ireland ($31M).

Growth In January 2024, the decrease in Hard Liquor's year-by-year exports was explained primarily by a decrease in exports to Panama ($-14.8M or -73.9%), Italy ($-5.08M or -76.7%), and Latvia ($-2.88M or -88.2%). In January 2024, the decrease in Hard Liquor's year-by-year imports was explained primarily by a decrease in imports from France ($-41M or -18.6%), Ireland ($-19.1M or -48.4%), and Canada ($-4.52M or -10.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-29.2M(-15.9%)

IMPORT GROWTH (January 2023 - January 2024)$-77.4M(-8.71%)

MAIN EXPORTER (January 2024)Kentucky$35.3M

MAIN DESTINATION (January 2024)Netherlands$26.2M

This section shows Hard Liquor's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hard Liquor over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.36B

IMPORTS (2022)$10.9B

NET TRADE (2022)-$8.51B

In 2022, United States exported $2.36B in Hard Liquor. The main destinations of United States exports on Hard Liquor were Canada ($320M), United Kingdom ($184M), Netherlands ($177M), Australia ($164M), and Spain ($147M).

In 2022, United States imported $10.9B in Hard Liquor, mainly from Mexico ($4.17B), France ($2.67B), United Kingdom ($1.76B), Canada ($493M), and Ireland ($485M).

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