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The Street
  • 4/27/2025
The U.S. exported $2.4 billion worth of spirits last year
Transcript
00:00U.S. spirits exports had a record year in 2024, but global economic uncertainty could
00:05water down future sales. According to a report released by the Distilled Spirits Council
00:09of the United States, the U.S. exported $2.4 billion worth of spirits last year, a 10% bump
00:15from 2023. Exports to the U.K. rose by 39%. That increase was fueled by a potential 50%
00:22tariff on American whiskey imports in 2025. And Discus President and CEO Chris Swanger
00:27said this year's outlook is far less clear, saying,
00:30Unfortunately, ongoing trade disputes unrelated to our sector have caused uncertainty, keeping
00:35many U.S. distillers on the sidelines and curtailing sales growth. Roughly 50% of all U.S. spirits
00:41were exported to the EU, with whiskey being the spirit purchased most by European importers.
00:46Tennessee and Kentucky, two states with huge bourbon productions, exported a combined $1.7
00:51billion worth of spirits in 2024. That'll do it for your daily briefing. From New York City,
00:56I'm Kelsey Barbario with The Street.

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