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Scotch whisky exports reach record high

https://www.bbc.co.uk/news/uk-scotland-scotland-business-47211794
See More From: bbc.co.uk   ( Business & Career > Business )

Feb 12, 2019 11:14 AM 2+ mon ago

HMRC data shows Scotch exports hit record high in 2018

Analysis of HMRC data by the Scotch Whisky Association (SWA) found exports grew 7.8% by value to -L-4.7bn.

The number of bottles exported also reached record levels, growing by 3.6% to 1.28 billion.

Blended Scotch achieved global exports of just over -L-3bn in 2018, while exports of single malts rose by 11.3% to -L-1.3bn.

The United States became the first billion pound overseas market for Scotch whisky by value, growing to -L-1.04bn last year.

The European Union remained the largest region for exports, accounting for 30% of global value and 36% of volume.

SWA chief executive Karen Betts said the figures showed that Scotch whisky had continued to grow, despite "the challenges posed by Brexit and by tensions in the global trading system".

She added: "However, the industry does not take continued growth ...

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Scotch Whisky Association  Scotch whisky  executive Karen Betts  HMRC data  course Brexit  Scottish government  future relationship  excise duty  business environment  European Union  United States  Blended Scotch  record levels  European market  
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