Swedish Punsch Liqueur is a traditional Swedish liqueur made from a blend of arrack (a distilled spirit made from sugarcane and rice), rum, sugar, and various spices. In the context of alcohol and cocktails, Swedish Punsch adds a complex, sweet, and slightly smoky flavor with notes of caramel and spice. It pairs well with spirits like rum, gin, and whiskey and is often used in classic cocktails such as the Doctor Cocktail and the Biffy Cocktail. Its unique flavor profile makes it a versatile ingredient for both traditional and contemporary cocktails, adding depth and character to drinks.