Hard Liquor in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2021, United Kingdom exported $7.74B in Hard Liquor, making it the 1st largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 9th most exported product in United Kingdom. The main destination of Hard Liquor exports from United Kingdom are: United States ($1.42B), France ($601M), Chinese Taipei ($366M), Singapore ($355M), and Germany ($316M).

The fastest growing export markets for Hard Liquor of United Kingdom between 2020 and 2021 were China ($137M), United States ($88.7M), and Chinese Taipei ($83.4M).

Imports In 2021, United Kingdom imported $1.11B in Hard Liquor, becoming the 7th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 117th most imported product in United Kingdom. United Kingdom imports Hard Liquor primarily from: France ($269M), Italy ($189M), United States ($113M), Ireland ($103M), and Netherlands ($95.4M).

The fastest growing import markets in Hard Liquor for United Kingdom between 2020 and 2021 were France ($70.9M), Netherlands ($36.5M), and Italy ($33.8M).

Latest Trends

September 2023

About

Overview In September 2023 United Kingdom's Hard Liquor exports accounted up to £633M and imports accounted up to £79.5M, resulting in a positive trade balance of £553M. Between September 2022 and September 2023 the exports of United Kingdom's Hard Liquor have decreased by £-108M (-14.6%) from £740M to £633M, while imports decreased by £-15.8M (-16.5%) from £95.3M to £79.5M.

Destinations In September 2023, Hard Liquor were exported mostly to United States (£117M), France (£54.3M), Singapore (£39M), Taiwan (£28.8M), and Germany (£27.7M), and were imported mostly from France (£15.8M), United States (£12M), Italy (£9.82M), Netherlands (£9.26M), and Ireland (£6.07M).

Growth In September 2023, the decrease in Hard Liquor's year-by-year exports was explained primarily by a decrease in exports to Singapore (£-10.2M or -39.9%), Mexico (£-4.45M or -38.4%), and Colombia (£-1.46M or -26.9%). In September 2023, the decrease in Hard Liquor's year-by-year imports was explained primarily by a decrease in imports from Ireland (£-1.5M or -23.8%), Germany (£-1.31M or -69.8%), and Russia (£-1.21M or -32%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2022 - September 2023)£-108M(-14.6%)

IMPORT GROWTH (September 2022 - September 2023)£-15.8M(-16.5%)

MAIN EXPORTER (September 2023)Grangemouth£53.2M

MAIN DESTINATION (September 2023)United States£117M

This section shows Hard Liquor's exports and imports data at subnational level for United Kingdom. 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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