The ban hit 300 euros, wine exports from the EU to Russia broke a record

Published Dec 27, 2022

Tridge summary

EU wine exports to Russia increased by 43% in autumn compared to the previous year, with France, Germany, Italy, and Latvia seeing the highest increases. The recovery of the ruble is credited for the rise in sales, which had initially fallen after the ruble's depreciation in March. The European Union had previously banned the sale of wines worth more than 300 euros per bottle to Ukraine following Russia's military operation against Ukraine.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

European Union countries exported 43 percent more wine to Russia in the autumn compared to last year. Examining the data announced by the European Commission, RBC newspaper writes that in the period between August and October, Europe sold nearly 1 million hectoliters of wine to Russia. The countries with the highest increase in wine sales to Russia were France with 89.5 percent, Germany with 78 percent, Italy with 58 percent and Latvia with 37.4 percent. Among the countries with lower export capacity, the highest increase was 6 times in Austria. Bulgaria also managed to increase its wine sales to Russia 5 times. These two countries are followed by Croatia with a 3-fold increase, Estonia with 133 percent and Finland with 132 percent. The European Union banned the sale of wines worth more than 300 euros per bottle to Ukraine after Russia's military ...
Source: Turkrus

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