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

Published 2022년 3월 1일

Tridge summary

In 2021, Spain's wine exports to Russia and Ukraine showed contrasting trends. Exports to Russia, including wines, grape musts, and juices, totaled 24.2 million euros but fell below the 87 million liters of 2019 due to a new Russian law restricting bulk purchases. The exports to Ukraine, on the other hand, saw strong growth since 2015, reaching 16.2 million euros. Other Eastern European countries like Belarus, Latvia, and Lithuania also present varied trends in their imports of Spanish wine products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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: Spanish sales to Russia have been below 30 million liters for 2 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 of the 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 Spanish wine exports to Russia, recall from the Spanish Wine Market Observatory fell very slightly in 2021, although we compare with a disastrous 2020, which occurred as a result of the entry into force, in June of said year, of the new Law on Wine of the Russian Federation. This ...
Source: Castilla

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