Good afternoon,

This morning, the US Department of Commerce and Census Bureau released the monthly Import/Export data for September. After a slow growth month for imports in August, September imports have bounced back to robust growth rates, reporting 3,651,225 barrels, up 11.6% compared to September 2021. Year-to-date imports are up 4.6% compared to the same months last year. 

As expected, Mexican imported beer was the biggest growth driver, up 18% in shipments compared to September 2021. Mexican imports' share of total imports continues to increase their footprint, with the segment now accounting for 82% of total imported beer in September 2022, up 4.4 share points compared to September last year.  Other growth contributors for September include Ireland (+3.4%), Italy (+35.1%), and the United Kingdom (+30.1%). 

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The next Import-Export Report will be released on Tuesday, December 6, 2022 (reporting for October 2022)

Please reach out with any questions.

Cheers,

Danelle Kosmal
Vice President, Research

 
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