Wine imports to Russia have decreased by 1.5 times over 10 months, to 357.7 thousand tons

Published Nov 8, 2024

Tridge summary

Wine imports to Russia decreased by 574.7 thousand tons, or 1.5 times, from January to October 2024, compared to the same period last year, according to Maxim Chmora, the head of the Main Directorate of Federal Customs Revenues and Tariff Regulation of the Federal Customs Service of Russia. The largest wine suppliers to Russia were Italy, Georgia, Spain, Portugal, and France. However, the share of Georgian wines in imports to Russia increased from 17% to 25%. Russian wine exports increased by 20% compared to the previous year, with China being the main importer. The Russian Wine Forum, the largest annual wine event in Russia, was held during this period, focusing on the role of wine in the Russian economy and culture.

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Original content

Wine imports to Russia from January to October 2024 decreased by one and a half times compared to the same period last year, to 357.7 thousand tons. This was reported by the head of the Main Directorate of Federal Customs Revenues and Tariff Regulation of the Federal Customs Service of Russia, Maxim Chmora, at the Russian Wine Forum. "Over 10 months of this year, 33% less imported products were imported in physical terms," he said. According to the presentation presented by the Federal Customs Service, wine imports to Russia in January-October 2024 amounted to 357.7 thousand tons against 532.4 thousand tons a year earlier. The largest volume of wines was imported from Italy (29%), Georgia (25%), Spain (10%), Portugal (5%) and France (5%). "All the countries that we consider unfriendly, they lost. They lost different percentages, but essentially all these percentages, we can say that Georgia gained in this top five," Chmora noted, adding that Georgia's share in imports to the ...

Source: Kvedomosti