France: exports of wines and spirits to the USA fall by 21% in 2025 due to tariffs and exchange rates

French exports of wines and spirits reached 14.3 billion euros in 2025, which represents an 8% decline compared to 2024, accompanied by a 3% drop in volumes, in the face of a market shaken by economic and geopolitical tensions, stated the Fédération des Exportateurs de Vins et Spiritueux (FEVS), the responsible body for the matter, in a statement this Tuesday, 10. Only for the USA, exports fell by 21%, or 3 billion euros, due to the introduction of customs tariffs and adverse exchange rate conditions. Volumes fell below the 30 million cases limit (-9%), reflecting the precautionary stockpiling at the end of 2024 and the economic uncertainty affecting consumer behavior. Direct shipments to China, meanwhile, recorded 767 million in exports, which is a reduction of 20%, due to the pressured economy. The information mentions that anti-dumping duties "severely penalized" the exports of cognac, armagnac, and other French wine-based beverages. "In 2025, ...