British gin breaks the £500m export barrier

British gin breaks the £500m export barrier

HMRC has released figures showing that British gin has broken the £500m export barrier – doubling its value in the last decade – reports The Wine and Spirit Trade Association (WSTA).

In 12 months, British gin exports have increased by 12% in value, and around 189m bottles of the spirit were sent abroad.

Britain sends more gin around the world than it does beef, and exports of the spirit have increased 7% by volume in the last year.

The USA remains the largest importer of UK gin, with sales to the US worth £184 million, up almost £12 million on 2016.

“We are, by some margin, the largest exporter of gin in the world, with huge potential for growth, and our industry needs to take further advantage of this,” comments WSTA chief executive Miles Beale.

“On leaving the EU, we want more government support to increase exports to developed markets such as Australia, Japan, China and the US.

“The removal of tariffs would allow Britain to maintain its position as the world’s largest spirits exporter and further boost the UK economy and provide more jobs.”

A YouGov poll recently found gin is now the most popular spirit with 29% of drinkers voting it their favourite spirit tipple.