Italian wine exports achieved an all-time high in 2021

Apr 14, 2022 168

Italian wine exports achieved an all-time high in 2021, growing +12% in value thanks to the reopening of restaurants all over the world after many difficult months characterized by the pandemic shutdowns. This is what emerges from an analysis by the Italian farmers’ association Coldiretti based on Istat data on the occasion of the 2022 edition of Vinitaly, the world’s leading trade show dedicated to wine which is taking place these days in Verona.

Last year, Italian wine exports reached a value of 7.1 billion euros, although this record is now put at risk by the effects of the war in Ukraine: sanctions, blockades, trade tensions, and increased production costs. The war is also putting at risk almost 150 million euros of Italian wine exports to Russia. Last year a historical record had been reached in that country, with a growth of +18% compared to 2020 (source: Coldiretti on Istat data).

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SOURCE: https://news.italianfood.net/

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