Italy’s wine exports reached a record €8bn in 2024, with nearly 22 million hectoliters shipped abroad, buoyed by strong international demand and stockpiling in the U.S. ahead of potential new tariffs on EU goods, reaffirmed by Donald Trump in recent weeks.

Exports grew 5.5% in value, while volumes rebounded 3.2% after last year’s decline. Sparkling wines drove much of the growth, now accounting for 25% of total export volumes and 29% of value. The segment posted double-digit gains, rising 12% in quantity and 9% in revenue.