The Impact of a Reduction in Scotch Whisky Tariffs in India on the UK Economy

James Black, Benjamin Cooper, Frantisek Brocek, Adam McGeoch, Mairi Spowage

Research output: Book/ReportOther report

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Abstract

Scotch Whisky is the world’s most internationally traded spirit with exports worth almost £5bn annually. The Scotch Whisky Association (2018) estimates that Scotch supported £5.5 billion of gross value added (GVA) in the UK economy in 2018. Some of the biggest Scotch whisky importers include the US and France, in both value terms and the number of bottles. Exports of Scotch to India have grown significantly over the decade and India is now the 7th largest export destination in terms of value in 2019. In recent years, Scotch Whisky has also become one of the most tariffed products traded on the global market.
Original languageEnglish
Place of PublicationGlasgow
Number of pages27
Publication statusPublished - 26 Nov 2021

Keywords

  • Scotch whisky
  • global markets
  • whisky importers
  • India

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