Scottish whisky exports see tremendous growth in 2007

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EDINBURGH Scotland Exports of Scottish whisky were up all around the world in 2007, making the year a anner one for the industry, according to the Scotch Whisky Association, based here. In fact, export sales were so successful, the organization estimates the United Kingdom added £90 to its balance of trade every second of 2007, all as a result of whisky exports.

Rising a cumulative total of 8 percent, or roughtly 1.14 million bottles, exports of Scotch whisky grew in value in every market, including the United States. Leading the world in dollar value, the United States received £419.2 million, or about $818.5 million, worth of whisky in 2007, up 5 percent from 2006. France, the global market leader in volume, grew by 2 percent to 173 million bottles imported last year.

The greatest growth markets both in terms of volume and value were Singapore, which nearly doubled on both fronts, Germany, Spain and Greece.

In response to this global market growth, whisky producers across Scotland have been busily adding production capacity, with capital investment of £400 million, or about $781 million, announced in the past year alone, according to the SWA.