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2022
Exports $9.58BWorld Rnk 1 / 203
Flag Rnk 9 / 1216
2022
Destination $338M United States
2021 - 2022
FASTEST GROWING MARKET $338MUnited States
2022
PRODUCT COMPLEXITY IN Hard Liquor-0.52Rnk 708 / 1025
2022
Imports $1.22BWorld Rnk 7 / 224
Flag Rnk 110 / 1214
2022
Origin $71.4M France
2021 - 2022
FASTEST GROWING ORIGIN $71.4MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $9.58B 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 ($1.76B), France ($676M), Singapore ($461M), Chinese Taipei ($430M), and Germany ($403M).

The fastest growing export markets for Hard Liquor of United Kingdom between 2021 and 2022 were United States ($338M), India ($155M), and Panama ($133M).

Imports In 2022, United Kingdom imported $1.22B in Hard Liquor, becoming the 7th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 110th most imported product in United Kingdom. United Kingdom imports Hard Liquor primarily from: France ($233M), United States ($184M), Italy ($161M), Netherlands ($105M), and Ireland ($98.5M).

The fastest growing import markets in Hard Liquor for United Kingdom between 2021 and 2022 were United States ($71.4M), Guyana ($26.6M), and United Kingdom ($23.5M).

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

July 2024

About

Overview In July 2024 United Kingdom's Hard Liquor exports accounted up to £81.8M and imports accounted up to £84.9M, resulting in a negative trade balance of £3.09M. Between July 2023 and July 2024 the exports of United Kingdom's   Hard Liquor have decreased by £-553M (-87.1%) from £635M to £81.8M, while imports decreased by £-26.7M (-23.9%) from £112M to £84.9M.

Destinations In July 2024, Hard Liquor were exported mostly to United States (£11.4M), France (£10.5M), Japan (£5.57M), Italy (£4.35M), and Ireland (£4.23M), and were imported mostly from France (£17.4M), United States (£15.4M), Netherlands (£12.1M), Italy (£11.8M), and Ireland (£5.28M).

Growth In July 2024, the decrease in Hard Liquor's year-by-year exports was explained primarily by a decrease in exports to Panama (£-13.3M or -82.7%), Latvia (£-7.66M or -45.5%), and South Africa (£-3.2M or -52.1%). In July 2024, the decrease in Hard Liquor's year-by-year imports was explained primarily by a decrease in imports from Spain (£-2.09M or -59%), Italy (£-1.37M or -18.8%), and Belgium (£-565k or -18.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)£-553M(-87.1%)
IMPORT GROWTH (July 2023 - July 2024)£-26.7M(-23.9%)
MAIN EXPORTER (July 2024)Grangemouth£22.2M
MAIN DESTINATION (July 2024)United States£11.4M

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 (2022)$9.58B
IMPORTS (2022)$1.22B
NET TRADE (2022)$8.35B

In 2022, United Kingdom exported $9.58B in Hard Liquor. The main destinations of United Kingdom exports on Hard Liquor were United States ($1.76B), France ($676M), Singapore ($461M), Chinese Taipei ($430M), and Germany ($403M).

In 2022, United Kingdom imported $1.22B in Hard Liquor, mainly from France ($233M), United States ($184M), Italy ($161M), Netherlands ($105M), and Ireland ($98.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$338M (23.7%)
India$155M (77%)
Panama$133M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY United Kingdom WERE (2021 - 2022):
Russia-$49.7M (-72.2%)
Ireland-$34.5M (-46.1%)
Nigeria-$20.7M (-59%)
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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 Hard Liquor were:
France $6.3B
Mexico $4.86B
In 2022, United Kingdom's main importing competitors in Hard Liquor were:
United States $10.9B
China $2.58B
Germany $1.89B

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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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