According to Eurostat, three wine producing countries in the EU accounted for 83% of the bloc's sold wine production in 2022, with Italy and Spain contributing nearly 5 billion liters (62% of the total) and France contributing 3.4 billion liters (20% of the total). In terms of exports, the EU members exported 7.2 billion liters of wine, with almost half being exported to countries outside the EU. Italy was the top exporter, followed by Spain and France. However, the International Organization of Vine and Wine (OIV) announced that wine production in 2023 is expected to hit a 60-year low due to drought and disease, with a 7% drop compared to the already below-average volume of 2022. France also overtook Italy in terms of overall wine production, attributing it to a challenging harvest for their southern neighbors and climate change. Despite the decline, France's agriculture ministry is injecting €200m to assist producers with the surplus and convert the excess wine into other products.