Brexit Scotch Whisky

Brexit: Woes Ahead for the Whisky World?

Brexit. Who hasn’t heard of it by now? Britain’s attempt to rid itself of restrictive and overbearing EU regulations that have allegedly put a big dent in its budget. But while topics such as freedom of movement, a divorce bill and the Single Market regularly make headlines, Brexit also has many smaller implications that have escaped national attention. But that doesn’t mean there are no local concerns. One issue that Scottish people are certainly aware of, is the impact that Brexit might have on their whisky industry.

And this is hardly surprising, given the importance that whisky plays in the Scottish economy. Exports total around £4.25 billion per year, making up a quarter of the entire UK’s food and drink revenues. The industry supports around 35.000 jobs, with many more added indirectly through tourism. The Scotch Whisky Association (SWA) proudly states that “Scotch whisky is the single biggest net contributor to the UK’s balance of trade in goods, with the EU taking around a third of Scotch whisky exports.” While the first statement isn’t surprising (Scotland can’t actually import any Scotch whisky), the latter part is important. Because it is exactly this relationship with the EU that has fuelled concerns about the fate of Scotch whisky in a post-Brexit scenario.

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