Italian wine exports to quota 5,5 billion euro

by Monday, October 19, 2015

"The Istat data analysis we have just developed, We estimate that the objective of the 5,5 billion worth of wine exports in 2016 It is now at your fingertips».

With these words, Domenico Zonin, President of the Italian wine Union, Istat commented on Italian wine exports in the first seven months of the year (Jan – Mar 2015) just published by the Institute of statistics, under which overseas sales mark in value a growth of 6,1%, with peaks of over 8% of Dop.

"The growth of our exports now stabilized above the +6% – Ezio Castiglione President explains ISMEA – that will further accelerate at the end of the year, considering the likely sprint of sparkling wines for Christmas».

«To tow the positive sign of our exports are wine growing data arriving from major markets such as the USA, United Kingdom and Japan – comment yet Ezio Castiglione – aided by an unexpected and comforting Chinese market recovery which compensates partly the collapse of exports to Russia, tied to a situation of serious economic difficulties in the country».

Continue in parallel the decline in volumes that had a -3,1%, but not for growing of PDOs 5%: "A matter on which we should work in the coming months – Domenico continues Zonin – strong also a excellent harvest like the one we just concluded. With regard to the Japan remains a strategic market for the Italian wine where our export, however, is endangered by the continuation of the bilateral free trade negotiations with the Eu in view of the agreement reached between the u.s. and the countries of the Pacific region (TPP – Trans Pacific Partnership) that will facilitate trade in wine between some major competitors as USA, Chile, Australia and New Zealand toward the Japanese market».

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