Trade Trends
Global whisky exports rose from $12.77B in 2019 to $14.70B in 2023—an increase of 15.12% over five years. The sector reached its highest value in 2022 at $14.94B before seeing a slight dip in 2023.
This upward trend reflects strong and sustained global demand for whisky, driven by premiumization, rising interest in high-quality spirits, and the growing appeal of whisky as a luxury and collectible product. Although exports dipped in 2020 due to the pandemic, the market rebounded swiftly, supported by emerging markets and evolving consumer preferences.
Top Trading Countries
- United Kingdom continued to dominate the whisky export market with $7.16B in 2023, up from $6.43B in 2019—an 11.4% increase. A slight decline of 1.94% followed in 2024, bringing exports to $7.02B.
- United States exported $1.53B in both 2023 and 2024, rising from $1.19B in 2019. This represents a 28.45% increase from 2019 to 2023, with minimal movement (0.26%) between 2023 and 2024.
- Singapore reached $1.01B in 2023, up from $921.78M in 2019—a 9.3% increase. Exports dipped slightly by 1.25% to $997.36M in 2024.
- Ireland continued its steady climb, rising from $924.46M in 2019 to $1.00B in 2023 (8.32% growth), followed by a notable 12.8% jump to $1.13B in 2024.
- France recorded $474.24M in 2023, up from $308.89M in 2019—a strong 53.53% growth. Exports then dipped by 5.75% to $446.99M in 2024.
- Netherlands grew from $391.38M in 2019 to $418.95M in 2023 (7.04% increase), followed by a further 1.55% rise to $425.44M in 2024.
On the Rise
- China saw exponential expansion, with exports jumping from $7.72M in 2019 to $65.24M in 2023—a massive 744.99% increase. Growth continued with a 6.02% rise to $69.16M in 2024.
- Italy increased exports from $83.22M in 2019 to $107.31M in 2023 (up 28.95%), followed by a major 34.59% surge to $144.42M in 2024.
- India rose from $109.98M in 2019 to $145.33M in 2023—a 32.15% increase—and continued climbing by 19.29% to $173.37M in 2024.
- Spain grew from $126.46M in 2019 to $157.52M in 2023 (24.56% rise), then increased further by 9.39% to $172.31M in 2024.
- Belgium expanded exports from $93.14M in 2019 to $119.79M in 2023 (28.61% growth), followed by a 10.21% rise to $132.01M in 2024.
These countries reflect strong upward momentum, with China and Italy standing out as rapidly emerging powerhouses in the global whisky export landscape.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
