Russia reduced wine imports by a third and increased exports by 20% in 10 months

Published 2024년 11월 8일

Tridge summary

Russia's wine imports were down by one third in the first 10 months of the year compared to the same period last year, totaling 357.7 thousand tons. The top five suppliers, which include Italy, Georgia, Spain, Portugal, and France, accounted for 74% of these imports. Meanwhile, wine exports increased by 20% to 1.68 thousand tons. China, Turkey, Abkhazia, Latvia, and Israel were the top five importers of Russian wine. The Federal Customs Service also announced plans to increase duties on wine imports from unfriendly countries to 25% from August 2024, with the possibility of raising it to 50% or even 200%, as proposed by the Association of Winegrowers and Winemakers of Russia.

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Original content

Moscow. November 8. INTERFAX.RU - Russia imported 357.7 thousand tons of wine in the first 10 months of this year, which is one third less than in the same period last year (532.4 thousand tons). At the same time, exports grew by 20% to 1.68 thousand tons against 1.4 thousand tons. This was reported by the publication "Agroexpert" with reference to the presentation of the head of the Main Directorate of Federal Customs Revenues and Tariff Regulation of the Federal Customs Service of Russia Maxim Chmora, which was presented at the III Russian Wine Forum on Friday. The top five suppliers have hardly changed, slightly swapping places: Italy (29% of total imports), Georgia (25%), Spain (10%), as well as Portugal and France. This year, as last year, they accounted for 74% of imports. "The difference is that Portugal and France swapped places. But all the countries that we consider unfriendly lost different percentages. And we can say that Georgia gained all these percentages in this ...

Source: Interfax