Exporting to the UK will be cheaper from January 2021 for the wine sector

After meetings that were held between the Foreign Ministry and the British Embassy in our country, and with the private articulation carried out by the Argentine Wine Corporation (Coviar), Argentina will be able to export wine products to the United Kingdom from January 1, 2021 with a significant drop in tariffs. In the case of fresh grapes, the decrease will be more noticeable since a reduction in the tariff of 30% will be obtained (going from the current 11.5% to 8%), a number that according to the Coviar could be “an opportunity to start to compete with Chile and South Africa, which are currently the main exporters of this product to the United Kingdom ”. An average decrease of 15% is also observed for fractionated wine, given that tariffs will drop (depending on alcohol content) from 15.4 euros / hl to 13.2 and from 13.1 to 11 euros / hl. Sparkling wine will go from the current 32 euros / hl to 28.6, with a reduction of 11%. In the case of wine in bulk, the tariff will go from ...