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%). 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 BEER INSTITUTE |