THE UK trade deficit would have been almost 3 per cent larger without Scotch Whisky, according to new analysis of last year’s export figures.

Research reveals that, while the UK the deficit reduced from £166 billion in 2016 to £153bn in 2017, the deficit would have been 2.9 per cent greater without Scotch Whisky exports.

According to the analysis by the Scotch Whisky Association (SWA), an industry trade body, of every £100 of goods exported last year from the UK, £1.30 was Scotch Whisky.

The SWA said that as Brexit approaches, it is important that the government supports Scotch Whisky's export success and ensures that access to EU and global markets is as good once the UK leaves the EU as it is today. It added that this includes ensuring Scotch Whisky is properly protected through the Geographical Indication system.

Earlier this year, the Scotch Whisky industry posted record-breaking exports for 2017. By value, overseas shipments were up 8.9 per cent to £4.37bn and by volume they grew 1.6 per cent to the equivalent of 1.23bn bottles.

The analysis also shows that exports of Single Malt Scotch Whisky continue to grow, with an increase of 14 per cent year-on-year to £1.17bn. Last year was the second in a row that exports of Single Malt have surpassed £1bn. The SWA said this reflected a consumer trend towards premium products in global markets.

Karen Betts, Scotch Whisky Association chief executive, said: “More Scotch Whisky is enjoyed across the world than America, Canadian and Irish Whiskies combined.

“Our analysis of 2017 exports shows just how well the industry is doing in our 180 markets. This reflects the industry's determination and hard work to take high quality Scotch Whisky to consumers all over the world.

“The UK trade deficit, currently £153bn, would have been nearly 3 per cent greater without Scotch Whisky exports. Likewise, Scotch plays a key role in the Scottish and UK economy, supporting thousands of jobs, including in rural parts of Scotland.”

Figures also show total UK exports of spirits increased by £449m to £5.6bn, with Scotch accounting for 78 per cent.

The EU maintained its position as the largest region for Scotch Whisky exports, making up 32 per cent of the value in 2017.