Spanish wine exports reached during the first half of the year a record of 1.320,7 million euros, representing an increase of 6% over the period 2016 according to Customs data analyzed by Observatorio Español del Mercado del Vino (OeMv).
The increase is due in large measure to the increase in the prices at which Spanish wines are being exported. Less liters are exported but with a higher price, with a rise of 6.7%, resulting in a growth in global turnover.
The drop in volume is due to lower sales of bulk wines, increasing sales of quality wines with designation of origin.
By market, the highest increases in exports are recorded in China, Canada and Portugal (29%, 23% and 21%) and, to a lesser extent, in the other main destinations of Spanish wine, Germany, United States and France (3.9 %, 4.7% and 5.7%).
This is good news for the wine sector, indicating the good work being done from the Spanish wineries that opt for bottled wines of higher quality, which makes markets recognize and appreciate Spanish wines.