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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.
Located on the west coast of southern Africa, Angola borders the four nations of the Democratic Republic of the Congo, the Republic of the Congo, Namibia, and Zambia. Approximately 10 percent of arable land is used for agriculture, with food production falling short of consumer demand, making Angola reliant on imports to meet its needs.
Japan’s National Tax Agency (NTA) proposed 9 new geographical indications (GIs) for alcoholic beverages from the United Kingdom. NTA will accept public comments on the proposal through January 16, 2023.
As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.
The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.
On March 12, 2018, the EU alcoholic beverages industry presented a “joint’ self-regulatory proposal on nutrition labeling and ingredients listing to the European Commission.
The UK has strong social and cultural ties to the United States, demonstrated by the similarities in consumer trends in the retail and foodservice markets.
On March 13, 2017, the European Commission presented its long awaited report examining whether mandatory nutrition labeling requirements should be extended to alcoholic beverages....
The EU remains the world's largest wine producer despite lower production levels in 2016 compared to 2015. U.S. exporters should be aware that specific wine labeling rules...
The UK has strong social and cultural ties to the United States, demonstrated by the similarities in consumer trends in the retail and foodservice markets.
The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.
The Agricultural Economic Fact sheet for Angola has been updated to include calendar years 2013, 2014 and 2015. Due to the relative low oil prices Angola’s oil exports dropped by 45 percent...