Scotch whisky exports show signs of recovery

Scotch whisky exports are showing signs of recovery after taking a hit from Covid-19 and US tariffs, according to an industry body.

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New figures from the Scotch Whisky Association (SWA) show the value of exports in the first half of this year was 31% higher than the same period in 2020 - with volume up by 42%.

However, the value was still 10% down on 2019's record figure.

The SWA said the industry "still has some way to go" to recover lost growth.

Exports of Scotch to the EU fell in the first quarter of 2021, compared with 2019, as Covid-related lockdowns continued and producers "adjusted to new post-Brexit trading arrangements", the SWA said.

However, they grew at a faster rate between April and June 2021 than in the same period of 2019.

Exports to the US continued to take a hit at the beginning of the year, as a result of a 25% tariff imposed on single malts in late 2019 following a trade row with the EU.

The tax was suspended in March this year, but exports for the first half were down by 34% when compared with 2019.

However, the US remains Scotch whisky's biggest export market by value.