Browse Data and Analysis
Filter
Search Data and Analysis
- 12 results found
- (-) Distilled Spirits
- (-) February 2025
- (-) 2023
- Clear all
On February 13, President Trump and Prime Minister Modi issued a joint statement announcing lower tariffs on bourbon whiskey.
Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.
This report provides information on the purchase process of Sweden's alcohol monopoly Systembolaget, its different labeling and sustainability guidelines, as well as an analysis of the 2022 sales data per product group - wine, beer, liqueur, whiskey, cider, and mixed drinks.
Japan’s National Tax Agency (NTA) proposed to recognize Single Malt Welsh Whisky as a geographical indication (GI) alcoholic beverage from the United Kingdom (UK).
Chile has a growing and dynamic distilled spirits industry, with a particular focus on pisco production.
United Kingdom: Changes to UK Alcohol Tax Rates May Challenge US Exports of Some Alcoholic Beverages
Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.
On August 21, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published the Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations 2023 in the Gazette of India (Notification No. STD/SP-21/T(Alcohol-4).
Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market for high-quality food and agricultural products.
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.
China will continue to collect countervailing (CVD) and antidumping (AD) duty duties on imported Distiller’s Dried Grains with or without Solubles (DDGS) from the United States for five more years.