Portuguese wine exports grow 2.1% - Plataforma Media

Portuguese wine exports grow 2.1%

Portuguese wine exports increased 2.1% in the first quarter of this year, to more than 185 million euros, compared to the same period last year, revealed today the Interprofessional Association for the Promotion of Wines of Portugal (ViniPortugal).

In the first three months of this year, the increase observed was 4.4% in volume, in year-on-year terms, refers to ViniPortugal in a statement, remembering that these are the most recent data on the performance of the wine sector.

By group of export destination markets, the European Union performed the opposite behavior in relation to the so-called third countries (which includes, in particular, countries such as the United States, Canada, Brazil and China), with a drop of 14, 4% in value.

Exports to third countries, in the period under analysis, showed a growth of 22.8%, to a value close to 99 million euros, when compared to the first quarter of last year.

ViniPortugal also states that the countries that experienced double-digit growth in imports of Portuguese wines are South Korea (44.2%), Mexico (34.7%), United States (18.8%), Japan (15 , 4%) and Canada (12.0%).

In the European Union, the highlight goes to Sweden, which had a positive performance, with a growth of 26.0% in value, with the largest decreases being in Denmark (-23.4%), in China ( -29.7%), in Macau (-52.1%) and in Russia (-36.6%).

According to ViniPortugal, South Korea deserves to be highlighted for being the destination with the highest average price (6.21 euros), followed by Hong Kong (5.82 euros), Denmark (4.59 euros) and Macau ( 2.92 euros).

In the sparkling category, there was, in value, a less significant drop in the European Union (-5.1%) and a very significant growth (57.2%) in third countries.

The highlight in the sparkling wine export markets goes to Angola (573 thousand euros), the United States (154 thousand euros) and Brazil (136 thousand euros).

The most significant growth in the first quarter of this year, in comparison with the same period last year, occurred with Angola (+ 473.0%), Norway (+ 110%) and Switzerland (+ 84.8%).

ViniPortugal’s mission is to promote the image of Portugal as a wine producer, valuing the “Wines of Portugal / Wines of Portugal” brand and contributing to a sustained growth in the volume and average price of Portuguese wines.

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