Browse Data and Analysis

On December 25, 2024, Türkiye unexpectedly increased the Special Consumption Tax (SCT) on distilled spirits by 12.5 percent, excluding domestically produced raki.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

On January 3, 2022, Turkey announced the domestic producer price index (PPI) inflation in the second half of 2021 was 47.39 percent, therefore triggering an automatic increase in the fixed-amount Special Consumption Tax (SCT) for alcohol beverages, soft drinks, fruit juice, and tobacco products.

The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.

Turkey has removed the tariff increases imposed on US products in August 2018, halving the total additional tariffs imposed in 2018, effective immediately on May 21, 2019.

Turkey reduced the import tariff on Brans under HS code 2302 from 5 percent to 0 percent according to a governmental decree.

On March 12, 2018, the EU alcoholic beverages industry presented a “joint’ self-regulatory proposal on nutrition labeling and ingredients listing to the European Commission.

On March 13, 2017, the European Commission presented its long awaited report examining whether mandatory nutrition labeling requirements should be extended to alcoholic beverages....

On January 1, 2017, the Government of Turkey (GOT) announced increases to special consumption taxes for all alcoholic beverages except wine.

Despite the slowdown in the growth of the Turkish economy in general, the food retail sector is expected to grow eight percent annually. The total retail sector in Turkey reached US$214 billion...

The EU remains the world's largest wine producer despite lower production levels in 2016 compared to 2015. U.S. exporters should be aware that specific wine labeling rules...

The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.