Scotch Whisky Exports Analysis 2017
23 May 2018
The Scotch Whisky Association (SWA) has released an
analysis of the industry's 2017 export performance that indicates
the UK trade deficit would be almost 3% worse without Scotland's
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.
The 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. Last year, 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.
Commenting on the analysis, Chief Executive of the SWA Karen
Betts said: "More Scotch Whisky is enjoyed across the world than
America, Canadian and Irish Whiskies combined.
"Our analysis of 2017 exports shows just how well the industry
is doing in our 180 markets. This reflects the industry's
determination and hard work to take high quality Scotch Whisky to
consumers all over the world.
"The UK trade deficit, currently £153bn, would have been nearly
3% worse without Scotch Whisky exports. Likewise, Scotch plays a
key role in the Scottish and UK economy, supporting thousands of
jobs, including in rural parts of Scotland.
"Single Malt continues to grow significantly, boosting again the
value of our exports. There are signs too that the market for
Blended Scotch Whisky is improving. This is a welcome indicator of
future growth. Blended Scotch is the solid foundation on which our
global export success has been built.
"As Brexit approaches, it's important that the government
supports Scotch Whisky's export success and ensures that access to
EU and global markets is as good once the UK leaves the EU as it is
today. This includes ensuring that Scotch Whisky is properly
protected through the Geographical Indication system."
The Scotch Whisky Export Analysis 2017 is
available to read or download here.
- UK exports of spirits increased by £449m to £5.6bn. Scotch
Whisky accounts for 78% of all UK spirits exports
- Exports of Single Malt Scotch Whisky increased by 14%
year-on-year to £1.17bn. This is the equivalent of more than 122m
- Bottled Blended Categories continue to be dominant globally,
accounting for more than two in every three bottles of Scotch
Whisky exported in both value and volume
- The UK trade deficit, currently £153bn, would have been 2.9%
worse without Scotch Whisky
- The EU maintained its position as the largest region for Scotch
Whisky exports, accounting for 32% of the total value in 2017.
North America was second, accounting for 25%, and Asia third with
For further information please contact the SWA Press Office on
0141 221 0707 or email email@example.com