The Distilled Spirits Council of the United States announced a record $2.4 billion in exported spirits for 2024, notably influenced by a 39% rise in exports to European markets. However, this increase is largely attributed to concerns regarding potential tariff reinstatements in 2025 rather than a genuine surge in American whiskey's popularity abroad, as global exports fell by 10%. The report emphasizes that most U.S. exports go to tariff-free countries, highlighting ongoing challenges with U.S. tariff policies and foreshadowing potential dips in future export numbers. Notably, exports of vodka and cordials also saw an uptick in this period.
The Distilled Spirits Council of the United States reported $2.4 billion in exports, a record high influenced by worries over returning tariffs rather than rising popularity.
Concerns about tariffs changing in 2025 have propelled American whiskey exports to Europe, despite overall global exports dropping by 10%.
The report criticized the chaotic tariff policy, indicating that 86% of U.S. spirits exports go to countries without tariffs on them.
Despite the challenges, exports of vodka and cordials saw growth, with 43 states contributing to the export figures, led by Tennessee and Kentucky.
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