Distilled Spirits
U.S. Distilled Spirits Exports in 2023
Total Export Value
$2.23 Billion
3-Year Average
$1.96 Billion
Compound Average Growth
3.6% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| European Union | $885.68 Million |
| Canada | $262.05 Million |
| Mexico | $138.98 Million |
| Australia | $138.56 Million |
| United Kingdom | $126.01 Million |
| Japan | $122.51 Million |
| United Arab Emirates | $60.42 Million |
| Brazil | $48.36 Million |
| South Korea | $47.89 Million |
| Dominican Republic | $37.79 Million |
Data and Analysis
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
On July 7, 2024, Chile’s new alcoholic beverages labeling law will come into force. The law aims to warn drivers, pregnant women, and minors about the impacts of consuming alcohol and to restrict the advertisements that could be directed to minors.
Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.