Distilled Spirits
U.S. Distilled Spirits Exports in 2023
Total Export Value
$2.23 Billion
3-Year Average
$1.96 Billion
Compound Average Growth
3.6% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| European Union | $885.68 Million |
| Canada | $262.05 Million |
| Mexico | $138.98 Million |
| Australia | $138.56 Million |
| United Kingdom | $126.01 Million |
| Japan | $122.51 Million |
| United Arab Emirates | $60.42 Million |
| Brazil | $48.36 Million |
| South Korea | $47.89 Million |
| Dominican Republic | $37.79 Million |
Data and Analysis
In 2023, Hong Kong was the world’s nineth largest spirits importer. The city’s global imports surpassed pre-pandemic levels by 30 percent and reached a new record valued of $779 million. Last year, domestic consumption grew significantly as both on-trade and off-trade sales registered remarkable growth.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.
On October 16 the Hong Kong Government (HKG) announced a significant reduction in the duty on imported alcoholic beverages with an alcohol content above 30 percent by volume.
News and Features
Husband-and-wife team Dave Crosley and Teresa Dahl-Bredine founded Little Toad Creek LLC in 2012. The couple started their business under the brewpub model, producing beer and spirits for their taprooms, located in Silver City and Las Cruces, New Mexico.
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.