Distilled Spirits
U.S. Distilled Spirits Exports in 2022
Total Export Value
$2.06 Billion
3-Year Average
$1.68 Billion
Compound Average Growth
3.2% (2013-2022)
Top 10 Markets for Distilled Spirits in 2022
| Market | Total Value (USD) |
|---|---|
| European Union | $703.76 Million |
| Canada | $267.71 Million |
| United Kingdom | $158.55 Million |
| Australia | $141.43 Million |
| Japan | $112.78 Million |
| Mexico | $106.37 Million |
| Brazil | $50.39 Million |
| South Korea | $49.89 Million |
| Dominican Republic | $47.99 Million |
| United Arab Emirates | $47.94 Million |
Data and Analysis
Ecuador’s National Customs Service (SENAE) announced on February 2, 2023, that Distiller’s Dried Grains with Solubles (DDGS) will no longer be subject to a 12 percent value added tax.
Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.
In 2022, Hong Kong was the world’s tenth largest spirits importer, with global imports recovering 7 percent year-on-year and valued at $502 million. From 2020-2021, Hong Kong’s imports and domestic sales of spirits were seriously hampered under the COVID-19 pandemic, as most restaurants, pubs, and bars were closed due to stringent dining, social distancing, and travel restrictions.
News and Features
February 10, 2023
2022 Was Another Record Year for U.S. Farm Exports
The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.