Rising demand for Scotch whisky from both mature and emerging markets saw the value of exports grow for the eighth consecutive year, according to the Scotch Whisky Association (SWA), Edinburgh, Scotland. Exports of the alcohol beverage hit a record £4.3 billion or approximately $6.5 billion in 2012, an increase of 87 percent in the last 10 years, the SWA reports. Scotch whisky currently leads the way for British food and drink in overseas markets, forming about 80 percent of Scottish food and drink exports and a quarter of U.K. food and drink exports, it says.
The total value of Scotch whisky exports grew by 1 percent last year to reach approximately $6.48 billion. Based on this, Scotch whisky is now worth approximately $205 a second to the U.K. balance of trade.