The annual wine imports from Italy to Russia increased by 63 percent

Published 2024년 12월 21일

Tridge summary

The article highlights a significant surge in Italian wine imports to Russia, with a 140% increase in the first quarter, followed by gradual growth throughout the year, peaking at 63% in December. This growth makes it the largest increase in Italian wine sales globally, with Canada also increasing its purchases by 30%. Italy's wine exports to Russia have reached 170 million euros, contributing significantly to Italy's annual revenue from wine exports, which stands at 6 billion euros. The article also mentions the increase in import duties on wines from 'unfriendly' countries, including Russia, by Canada's Cabinet of Ministers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to him, in the first 3 months, imports jumped by 140% due to expectations of new duties. In the middle of the year, the growth was 79%, at the beginning of December - 63%. "This is the largest increase in sales of Italian wine in the world," he told RIA Novosti. As an example, he cited Canada, which increased purchases of Italian wine by 30%. "We have already reached 170 million euros in net wine exports from Italy to Russia," Pelazzo specified. In general, wine exports bring Italy 6 billion euros per year. Recall that in 2023, from August 1, the Cabinet of ...

Source: RG