U.S. Distilled Spirits Exports in 2022
Total Export Value
Compound Average Growth
Top 10 Markets for Distilled Spirits in 2022
|Market||Total Value (USD)|
|European Union||$703.76 Million|
|United Kingdom||$158.55 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.