Scotch Whisky Exports Analysis 2017
23 May 2018
Earlier this year, it was revealed that the Scotch Whisky
industry has posted record-breaking exports in 2017, growing in
both volume and value (by 1.6% and 8.9% respectively) to a total of
£4.37bn - the equivalent of 1.23bn bottles exported globally.
This new analysis reveals that, while the UK trade deficit
reduced from £166bn in 2016 to £153bn in 2017, the deficit would be
2.9% greater without Scotch Whisky exports. In 2017, of every £100
of goods exported from the UK, £1.30 was Scotch Whisky.
The analysis also shows that exports of Single Malt Scotch
Whisky continue to grow, with an increase of 14% year-on-year to
£1.17bn. This is the second year in a row that exports of Single
Malt have surpassed £1bn, reflecting a trend towards premium
products in global markets.
A full copy of the SWA's 2017 Scotch Whisky Export Analysis can
be downloaded below: