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2022
Exports $11.6BWorld Rnk 4 / 217
Flag Rnk 11 / 96
2022
Destination $305M United States
2021 - 2022
FASTEST GROWING MARKET $305MUnited States
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar0.2Rnk 488 / 1025
2022
Imports $9.32BWorld Rnk 2 / 225
Flag Rnk 16 / 96
2022
Origin $205M France
2021 - 2022
FASTEST GROWING ORIGIN $205MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $11.6B in Beverages, spirits, & vinegar, making it the 4th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 11th most exported product in United Kingdom. The main destination of Beverages, spirits, & vinegar exports from United Kingdom are: United States ($2.01B), France ($822M), Singapore ($525M), Chinese Taipei ($446M), and Germany ($433M).

The fastest growing export markets for Beverages, spirits, & vinegar of United Kingdom between 2021 and 2022 were United States ($305M), India ($155M), and Panama ($133M).

Imports In 2022, United Kingdom imported $9.32B in Beverages, spirits, & vinegar, becoming the 2nd largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 16th most imported product in United Kingdom. United Kingdom imports Beverages, spirits, & vinegar primarily from: France ($2.28B), Italy ($1.27B), Netherlands ($825M), United States ($689M), and Spain ($531M).

The fastest growing import markets in Beverages, spirits, & vinegar for United Kingdom between 2021 and 2022 were United States ($205M), Brazil ($66.2M), and Ireland ($58.6M).

COMPANIES In 2023, leading companies such as Diageo Beverages (3.46k), Pernod Ricard (405), and Gallo Family Vineyards (118) were at the forefront of shipping Beverages, spirits, & vinegar from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Beverages, spirits, & vinegar exports accounted up to £339M and imports accounted up to £759M, resulting in a negative trade balance of £419M. Between June 2023 and June 2024 the exports of United Kingdom's   Beverages, spirits, & vinegar have decreased by £-340M (-50%) from £679M to £339M, while imports decreased by £-51.7M (-6.38%) from £810M to £759M.

Destinations In June 2024, Beverages, spirits, & vinegar were exported mostly to United States (£50.2M), Ireland (£44.8M), France (£26.5M), Netherlands (£21.8M), and Chinese Taipei (£13M), and were imported mostly from France (£165M), Italy (£99.9M), Netherlands (£81M), United States (£75.6M), and Belgium (£53.3M).

Growth In June 2024, the decrease in Beverages, spirits, & vinegar's year-by-year exports was explained primarily by a decrease in exports to Panama (£-13.4M or -82.7%), Latvia (£-7.55M or -44.5%), and Denmark (£-4.43M or -53.7%). In June 2024, the decrease in Beverages, spirits, & vinegar's year-by-year imports was explained primarily by a decrease in imports from Italy (£-11M or -15.4%), Norway (£-10.4M or -97.5%), and Chile (£-5.58M or -28%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-340M(-50%)
IMPORT GROWTH (June 2023 - June 2024)£-51.7M(-6.38%)
MAIN DESTINATION (June 2024)United States£50.2M

This section shows Beverages, spirits, & vinegar'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 Beverages, spirits, & vinegar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.6B
IMPORTS (2022)$9.32B
NET TRADE (2022)$2.24B

In 2022, United Kingdom exported $11.6B in Beverages, spirits, & vinegar. The main destinations of United Kingdom exports on Beverages, spirits, & vinegar were United States ($2.01B), France ($822M), Singapore ($525M), Chinese Taipei ($446M), and Germany ($433M).

In 2022, United Kingdom imported $9.32B in Beverages, spirits, & vinegar, mainly from France ($2.28B), Italy ($1.27B), Netherlands ($825M), United States ($689M), and Spain ($531M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$305M (17.9%)
India$155M (76.1%)
Panama$133M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY United Kingdom WERE (2021 - 2022):
Ireland-$118M (-21.7%)
Russia-$66.8M (-71.2%)
Hong Kong-$23M (-8.79%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, United Kingdom's main importing competitors in Beverages, spirits, & vinegar were:
United States $30B
Germany $9.29B

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $143M
N/AN/AN/A

Beverages, spirits, & vinegar’s highest export potential is China. With an export gap of $143M.   Beverages, spirits, & vinegar’s highest import potential is N/A with an import gap of N/A.

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