Spanish wine stakes 40.4 million euros in exports to Russia and Ukraine

The Spanish wine sector is no stranger to the consequences for the Spanish and world economy of the Russian invasion of Ukraine. Thus, some 40.4 million euros are at stake in exports to both countries. according to data from the Spanish Wine Market Observatory. Specifically, the Spanish wine sector exported a total of 24.2 million euros to Russia in 2021 between wines, grape musts and juices, in addition to the 16.2 million sold in Ukraine. With two radically different trends: our sales to Russia have been below 30 million liters for two years, far from the 87 million of 2019 and the more than 200 million of the 2006 record, as an effect of the entry into force in 2020 of a new wine law in Russia that restricted bulk purchases. Spanish exports to Ukraine, meanwhile, have been growing strongly since 2015. Musts, still and sparkling wines are the main products that Spain sells to Russia, while musts, bottled wines, but also in bulk are the main categories sold to Ukraine. Exports to ...