Significant increase in Portuguese wine exports to Russia and Ukraine

Published 2023년 8월 16일

Tridge summary

Despite the European embargo on Russia and Ukraine, both countries continue to be significant buyers of Portuguese wine, ranking in the top 20 wine export customers for Portugal. In the first half of this year, Portuguese wine exports to Russia increased by 183.4% year-on-year, reaching 6.08 million euros, while exports to Ukraine increased by 138.67% to 1.9 million euros. Overall, Portuguese wine exports saw a 3.91% increase in value, a 2.22% increase in volume, and a 1.65% increase in average price per liter.

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

Original content

According to the data released by Viniportugal in the first half of the year, although Russia and Ukraine are in a special period and the European embargo is imposed on Russia, Russia and Ukraine still continue to buy wine from Portugal, maintaining the list of the top 20 wine export customers in Portugal, and they are the most important sources of Portuguese wine. The two markets with the fastest export growth. In the first half of this year, Portuguese wine exports to Russia (ranked 16th) increased by 183.4% year-on-year to 6.08 million euros, and exports of Portuguese wine to Ukraine (ranked 20th) increased by 138.67%. It reached 1.9 million euros. The third increase was the United Kingdom (43.85%), and the ...

Source: Foodmate