Scotland’s whisky industry is the UK’s single largest food and drink export, accounting for almost a fifth of Britain’s the sector’s exports. It’s also the number one internationally traded spirit in the world, and changes in the market can, therefore, cause something of a stir in the UK exports market. That’s why today’s statistics from the Scotch Whisky association are worth taking a look at.
In the first half of 2017, Scotch whisky exports grew in value by 3.4% to £1.8billion – showing that despite the many new arrivals on the whisky market, Scotch continues to hold its own. Single Malts in particular have seen their popularity increase drastically. Over a quarter of all Scotch whisky shipped overseas is now Single Malt, with exports growing 7% to £479 million in the first sixth months of this year.
The USA has long been a big consumer of Scotch Whisky, and that doesn’t look set to change.
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