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2023
Exports $10.3BWorld Rnk 1 / 199
Flag Rnk 8 / 1216
2023
Destination $141M United States
2022 - 2023
FASTEST GROWING MARKET $141MChinese Taipei
2023
PRODUCT COMPLEXITY IN Hard Liquor-0.58Rnk 730 / 1025
2023
Imports $1.23BWorld Rnk 6 / 226
Flag Rnk 108 / 1214
2023
Origin $26.9M France
2022 - 2023
FASTEST GROWING ORIGIN $26.9MIreland
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $10.3B 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 ($1.89B), Singapore ($728M), France ($670M), Chinese Taipei ($653M), and Germany ($404M).

The fastest growing export markets for Hard Liquor of United Kingdom between 2022 and 2023 were Chinese Taipei ($141M), Singapore ($126M), and Turkey ($50.1M).

Imports In 2023, United Kingdom imported $1.23B in Hard Liquor, becoming the 6th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 108th most imported product in United Kingdom. United Kingdom imports Hard Liquor primarily from: France ($223M), United States ($198M), Ireland ($130M), Italy ($128M), and Mexico ($98.1M).

The fastest growing import markets in Hard Liquor for United Kingdom between 2022 and 2023 were Ireland ($26.9M), Germany ($20.6M), and Mexico ($17.9M).

COMPANIES In 2023, leading companies such as Diageo Beverages (718), Pernod Ricard (400), and MISA Imports (27) were at the forefront of shipping Hard Liquor from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Hard Liquor exports accounted up to £589M and imports accounted up to £101M, resulting in a positive trade balance of £489M. Between November 2023 and November 2024 the exports of United Kingdom's   Hard Liquor have increased by £56.5M (10.6%) from £533M to £589M, while imports increased by £17.2M (20.6%) from £83.4M to £101M.

Destinations In November 2024, Hard Liquor were exported mostly to United States (£109M), France (£53.3M), Germany (£28M), Spain (£25.8M), and Singapore (£25.8M), and were imported mostly from France (£18.1M), Netherlands (£15.7M), United States (£14.3M), Italy (£12.2M), and Ireland (£10.6M).

Growth In November 2024, the increase in Hard Liquor's year-by-year exports was explained primarily by an increase in exports to Singapore (£16.2M or 106%), Brazil (£5.63M or 77.4%), and Spain (£4.67M or 48.3%). In November 2024, the increase in Hard Liquor's year-by-year imports was explained primarily by an increase in imports from United States (£5.76M or 80.9%), Germany (£2.02M or 357%), and Panama (£1.56M or 32k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£56.5M(10.6%)
IMPORT GROWTH (November 2023 - November 2024)£17.2M(20.6%)
MAIN EXPORTER (November 2024)Grangemouth£22.2M
MAIN DESTINATION (November 2024)United States£109M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.3B
IMPORTS (2023)$1.23B
NET TRADE (2023)$9.03B

In 2023, United Kingdom exported $10.3B in Hard Liquor. The main destinations of United Kingdom exports on Hard Liquor were United States ($1.89B), Singapore ($728M), France ($670M), Chinese Taipei ($653M), and Germany ($404M).

In 2023, United Kingdom imported $1.23B in Hard Liquor, mainly from France ($223M), United States ($198M), Ireland ($130M), Italy ($128M), and Mexico ($98.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Chinese Taipei$141M (27.5%)
Singapore$126M (20.9%)
Turkey$50.1M (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY United Kingdom WERE (2022 - 2023):
Australia-$63.7M (-22.5%)
Panama-$54.8M (-59.5%)
South Korea-$42.4M (-18.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Hard Liquor were:
France $6.42B
Mexico $5.85B
In 2023, United Kingdom's main importing competitors in Hard Liquor were:
United States $10.8B
China $2.92B
Singapore $1.99B

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $114M
TOP IMPORT POTENTIALFrance+ $57.9M

Hard Liquor’s highest export potential is China. With an export gap of $114M.   Hard Liquor’s highest import potential is France with an import gap of $57.9M.

See methodology.

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