The coronavirus pandemic is affecting wine trade globally, but the impact varies from country to country. Italian wine exports will drop by -4.6% in value (6.1 billion euros) compared to the previous year, the effects this year will be limited compared to the global trend (-10.5%) and even more to the main player in the sector, France, which will lose up 17.9% of its exports.

All this according to data from the Vinitaly Observatory – Nomisma Wine Monitor, presented during a recent event attended by the top management of the representative associations and the Italian Trade Agency. The drop in value of world wine imports is estimated to be over 3 billion euros compared to 2019, mainly due to the loss of over 1.7 billion euros in sales of France.