Hard Liquor in United Kingdom 2019 Exports | Imports : $8.11B | $949M, World Rnk 1 / 198 Rnk 8 / 1214 | World Rnk 9 / 224 Rnk 133 / 1214
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $48.3M | $10.5M, Chinese Taipei | Italy
2019 ECONOMIC COMPLEXITY of United Kingdom: 1.49, Rnk 14 / 147
2019 PRODUCT COMPLEXITY IN Hard Liquor: -0.64, Rnk 742 / 1029
Exports In 2019, United Kingdom exported $8.11B in Hard Liquor, making it the 1st largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 8th most exported product in United Kingdom. The main destination of Hard Liquor exports from United Kingdom are: United States ($1.86B), France ($629M), Singapore ($439M), Germany ($370M), and Spain ($357M).
The fastest growing export markets for Hard Liquor of United Kingdom between 2018 and 2019 were Chinese Taipei ($48.3M), Netherlands ($48.1M), and China ($25M).
Imports In 2019, United Kingdom imported $949M in Hard Liquor, becoming the 9th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 133rd most imported product in United Kingdom. United Kingdom imports Hard Liquor primarily from: France ($211M), Italy ($141M), United States ($126M), Ireland ($79.5M), and Netherlands ($66.7M).
The fastest growing import markets in Hard Liquor for United Kingdom between 2018 and 2019 were Italy ($10.5M), Spain ($7.71M), and Mexico ($7.29M).
June 2021
Overview In June 2021 United Kingdom's Hard Liquor exports accounted up to £451M and imports accounted up to £60.8M, resulting in a positive trade balance of £391M. Between June 2020 and June 2021 the exports of United Kingdom's Hard Liquor have increased by £175M (63.1%) from £277M to £451M, while imports decreased by £-3.21M (-5.02%) from £64M to £60.8M.
Destinations In June 2021, Hard Liquor were exported mostly to United States (£78.2M), France (£39.4M), Taiwan (£18.3M), Spain (£18.3M), and China (£18.1M), and were imported mostly from Italy (£12.3M), France (£8.82M), United States (£5.66M), Germany (£5.37M), and Netherlands (£4.45M).
Growth In June 2021, the increase in Hard Liquor's year-by-year exports was explained primarily by an increase in exports to Spain (£12.6M or 218%), South Africa (£10.2M or 1.1k%), and China (£9.95M or 123%). In June 2021, the decrease in Hard Liquor's year-by-year imports was explained primarily by a decrease in imports from Ireland (£-4.77M or -60.2%), Russia (£-3.6M or -55.3%), and France (£-3.31M or -27.3%).
EXPORT GROWTH (June 2020 - June 2021): £175M, (63.1%)
IMPORT GROWTH (June 2020 - June 2021): £-3.21M, (-5.02%)
MAIN EXPORTER (June 2021): Grangemouth, £45.3M
MAIN DESTINATION (June 2021): United States, £78.2M
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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EXPORTS (2019): $8.11B
IMPORTS (2019): $949M
NET TRADE (2019): $7.16B
In 2019, United Kingdom exported $8.11B in Hard Liquor. The main destinations of United Kingdom exports on Hard Liquor were United States ($1.86B), France ($629M), Singapore ($439M), Germany ($370M), and Spain ($357M).
In 2019, United Kingdom imported $949M in Hard Liquor, mainly from France ($211M), Italy ($141M), United States ($126M), Ireland ($79.5M), and Netherlands ($66.7M).
IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Hard Liquor WITH:
IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Hard Liquor WITH:
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY United Kingdom WERE (2018 - 2019):
In 2019, United Kingdom's main exporting competitors in Hard Liquor were:
In 2019, United Kingdom's main importing competitors in Hard Liquor were: