27 Feb US Tariffs See Scotch Whisky Exports Fall
According to the Scotch Whisky Association (SWA) in Scotland, scotch whisky exports have fallen in the face of tariffs, with shipment volumes down 15% between May and December 2025.
The 10% tariff has impacted all Scotch whisky categories and whilst the US remains the industry’s most valuable export market, its exports are down both in value and volume compared with the previous year.
Globally, Scotch whisky exports fell by 0.6% in value in 2025 to AUD$10.3bn (from AUD$11bn in 2024), while volume dropped by 4.3% to the equivalent of 1.3bn 70cl bottles, or 43 bottles per second.
The decline can be attributed to a combination of factors such as international tariffs, rising domestic taxes and regulation in the UK and softer consumer demand across key markets.
Around the globe, export performance varied. Whilst nations such as India and Turkey recorded strong growth, nations such as France and the Asia Pacific regions contracted. From a category perspective, there was a slowdown in premium spending with single malt exports falling by 6% across countries such as China, France and Singapore, whilst blended scotch proved more resilient rising in value by 0.8%, supported by growth in markets such as India and Brazil.
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