Analysis and Studies - Products analysis

Wine: a look at the market!

Wine is one of the most popular alcoholic beverages all around the world. In some countries, it is a deep part of the culture. In Italy and France, wine has an important social, cultural and economic role. Wine is classified according to its color and taste. It can be red, rosé (pink) or white. The color depends on the type of grape used in the production process. It might be dry or sweet, depending on the amount of sugar. There is also sparkling wine, such as champagne. France, Italy, Spain, the U.S. Argentina, Germany, Australia, South Africa, Portugal, and Romania are the leading producers of wine.

Let's look at wine's import and export! Wine represents 0.2% of world trade, with a total value of $34 billion.

• The main exporters of wine in 2020 were France ($10.1 billion), Italy ($7.23 billion), Spain ($3.11 billion), Australia ($2.09 billion), and Chile ($1.83 billion).
• The top importers in 2020 were the United States ($5.28 billion), the United Kingdom ($4.35 billion), Germany ($3.06 billion), Canada ($1.93 billion), and China ($1.82 billion).

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