In this article, we are going to discuss the 5 countries that export the most rum in the world. If you want to check out our detailed analysis of the global rum market, the recent acquisition in the rum industry, and the new rum RTD in the market, head to the 20 Countries that Export the Most Rum in the World.
5. Spain
Total Rum Exports in 2022: $133.62 million
Though the first distillations of sugarcane certainly took place in the Canary Islands, Spain’s foray into rum began with its colonization of the Caribbean and parts of Central and South America. Rum accounts for 20% of the spirits market in Spain, with over 4 million cases of the spirit sold in the country each year.
Spain also witnessed a 23.5% increase in its rum exports in 2022, when compared to the previous year.
4. Netherlands
Total Rum Exports in 2022: $137.42 million
Similar to several European countries, rum appeared in the Netherlands with the first imports of molasses from American sugar colonies, such as Curaçao, Saint Martin, and Aruba. Even today, most Dutch rums originate from these panoramic islands.
3. Dominican Republic
Total Rum Exports in 2022: $137.6 million
Rum is the national beverage of the Dominican Republic and there are more than 15 distilleries producing the spirit in the Caribbean country. A small proportion of the rum produced is reserved for export, while 90% is consumed domestically.
Ron Barceló is the best Dominican rum and the most exported dark rum in the world, made from 100% sugar cane juice from the distillery’s own cane fields. Mostly owned by the Spanish spirits company Grupo Varma, Ron Barceló is a carbon neutral brand, certified in 2019 by the SGS Group for both the life cycle of their products and the organization.
2. United States of America
Total Rum Exports in 2022: $182.07 million
While American craft beer and whiskey gobbled up most of the headlines over the last several years, rum – the spirit that first captured the nation’s heart centuries ago – has quietly reingratiated itself to a growing number of distillers. For the first time since the eighteenth century, you can once again find hundreds of distilleries producing rum across the United States.
The American craft rum industry has experienced significant growth as more and more people discover these artisanal distillers’ unique and high-quality offerings. As a result, the American rum exports also witnessed a 21.8% YoY growth in 2022.
1. Italy
Total Rum Exports in 2022: $242.34 million
Famous for their grappa and liqueurs, Italian distilleries are also experimenting with different types of sugarcane, fermentation processes, and aging techniques to produce rums that stand out for their complexity, smoothness, and distinct character. Germany, the U.K., and Belgium are the three largest markets for Italian rum exports.
Italy is the Top Rum Exporting Country in the World.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 25 Most Cannabis Consuming Countries in the World and Alcohol Consumption by Country: 25 Countries with the Highest Alcohol Consumption per Capita.
