Exports of Scotch whiskey have increased by 11% to £2bn in the first half of 2013, compared to £1.78bn generated in the same period in 2012, according to Scotch Whisky Association.
In terms of volume, Scotch whiskey exports grew by 9% or 50 million bottles to around 563 million bottles in the first six months of 2013, as against the volumes in 2012.
The increase in exports was primarily due to increasing demand from wide range of markets.
Countries like the US, France, Spain reported strong growth, whereas emerging countries like South Africa and South America reported increasing demand for the spirit.
The Scotch whiskey exports to Latin America are further expected to increase with the addition of fairer tax arrangements and with the end of import tariffs.
Scotch Whisky Association CEO Gavin Hewitt said demand for Scotch whiskey from mature and emerging markets around the world grew strongly in the first half of this year after a slow start in 2012.
"While these figures provide a snapshot of what is happening with exports, the industry is confident this expansion will continue. Significant new investment in the industry in Scotland by Scotch Whisky producers reflects the belief that growth will be sustainable," Hewitt added.
"Scotch Whisky is widely recognised as a quality product and leads the way into new markets for other food and drink exports from the UK. It continues to be vital for the UK's export-led recovery. Developments, such as new trade deals, help ensure success will continue."
In terms of volume, Scotch whiskey exports grew by 9% or 50 million bottles to around 563 million bottles in the first six months of 2013, as against the volumes in 2012.
The increase in exports was primarily due to increasing demand from wide range of markets.
Countries like the US, France, Spain reported strong growth, whereas emerging countries like South Africa and South America reported increasing demand for the spirit.
The Scotch whiskey exports to Latin America are further expected to increase with the addition of fairer tax arrangements and with the end of import tariffs.
Scotch Whisky Association CEO Gavin Hewitt said demand for Scotch whiskey from mature and emerging markets around the world grew strongly in the first half of this year after a slow start in 2012.
"While these figures provide a snapshot of what is happening with exports, the industry is confident this expansion will continue. Significant new investment in the industry in Scotland by Scotch Whisky producers reflects the belief that growth will be sustainable," Hewitt added.
"Scotch Whisky is widely recognised as a quality product and leads the way into new markets for other food and drink exports from the UK. It continues to be vital for the UK's export-led recovery. Developments, such as new trade deals, help ensure success will continue."
