20 Countries that Export the Most Rum in the World

20 Countries that Export the Most Rum in the World

Trade Diageo on Coinbase

In this article, we are going to discuss the 20 countries that export the most rum in the world. You can skip our detailed analysis of the global rum market, the recent acquisition in the rum industry, and the new rum RTD in the market, and go directly to the 5 Countries that Export the Most Rum in the World

The Caribbean islands are famous for producing many of the best rums in the world. Sugarcane was introduced to that part of the globe in the late 1400s by Europeans, and it quickly took root. Colonialists started sugar plantations that used forced labor by enslaved people from Africa, and from these plantations came rum. The spirit’s popularity quickly spread to Colonial North America and it is estimated that prior to the American Revolutionary War, the men and women of the American colonies were drinking an average of three imperial gallons of rum each year. 

Global Rum Market: 

Rum is one of the Most Consumed Alcohols in the World. As we mentioned in our article – 12 Countries that Produce the Best Rum in the World – the global rum market was estimated at $17.4 billion in 2023 and is expected to reach $24.5 billion by 2033, with a CAGR of 3.5% during the forecast period.

Rum is building momentum and getting more popular in America. Today, the category is one of the most steadily growing and continues to benefit from several intersecting popularity shifts. In recent years, distillers have experimented with flavored rums, making the category much more versatile in offerings, and so today, flavored and spiced offerings account for over 57% of all rums sold.

This highly mixable spirit also provides a key function in cocktail culture. While rum is a staple of on-premise tiki bars, it is also one of the only spirits for which it’s common to blend multiple varieties in the same cocktail. According to Bacardi’s 2022 Cocktail Trends Report, four of the top-10 best-selling cocktails are rum drinks, making the spirit a must-have for all on-premise programs. 

Recent Acquisition in the Rum Industry: 

The growth of premium rum has been reflected in the merger and acquisition space in the past few years. It was announced last year that the Brown-Forman Corporation (NYSE:BF-B) has completed the acquisition of the Diplomático Rum brand and related assets from Destillers United Group S.L. (Spain), for an estimated $725 million. The spirits giant announced its agreement to purchase the brand in October 2022, giving it an entry into the growing super-premium rum category. 

As part of the acquisition, Brown-Forman Corporation (NYSE:BF-B) added a Panama-based aging, bottling, and shipping production facility to the company. Destillers United Group S.L. will continue to produce and age the unique, carefully-crafted, and complex Diplomático Rum in their original distillery at the foot of the Andes mountains. Distributed in over 100 countries, Diplomático Rum is a super-premium rum brand from Venezuela.