Portugal: Wine exports rose in the first half of the year

Portuguese wine exports reached 452.4 million euros in value terms in the first half of the year, representing a slight increase of 1.25% compared to the same period last year, according to data from ViniPortugal. In terms of the volume of liters exported, the Interprofessional Wine Association revealed an increase of 8.58%, to a total of 171.5 million liters, with an average price of 2.64 euros/liter. According to the agenda note, “despite the significant increase in volume, this was not accompanied by a proportional increase in value”. The Association therefore states that “the imbalance is the result of a 6.52% decrease in the average price, which reflects the pressure on stocks that is being felt in the global wine sector”. In terms of export markets, France stands out, with 53.4 million euros, followed by the United States of America (USA), with 50.1 million euros, and Brazil, with 38.9 million euros. In terms of export volume, in liters, France maintains its leading ...