With the rising popularity of craft beer in America, it may not come as a surprise to learn that foreign markets are importing more and more American craft beer as well, meaning that it is not just Budweiser, Miller and Coors who have to watch out for competition from the craft beer industry now, reports Fortune.
While Brazil showed the biggest surge of interest in importing American craft beer, with year-over-year export growth to the country increasing 64 percent, it’s Canada that’s earned the title of the country with the highest American craft beer consumption, claiming 53 percent of all American exports. Besides Canada, Sweden, the United Kingdom, Australia and South Korea are also big importers of American craft beer.
Ironically enough, some brewers find exporting their beers overseas easier than getting their beers across state lines. Approximately 80 small and independent craft brewers export their beers, according to the Brewers Association’s Export Development Program. However, the 383,422 barrels that brewers export only account for less than 2 percent of the total amount of craft beer that’s brewed in the U.S. [Fortune] [Photo: Flickr.com/amberwavesrally]