Exporting wine brings in a lot of money – to some countries, at least

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French wine exports brought 11.9 billion euros to the country in 2023 (and over 18 billion if we add spirits), soaring above other agricultural products. Not surprisingly, France is the country in the world that earns the most from its wine exports, followed by Italy with 7.7 billion euros and Spain with 2.9 billion. These three EU countries accounted for 63% of total global export value in 2023, with Chile in fourth place and Australia in fifth.

Bottled wine accounted for 53% of exported volumes globally in 2023 and 67% of the world’s total wine export value. This category has decreased by 9% in volume and 6% in value compared to 2022.

The average export price in 2023 was 4.7 euros per litre, a high average price; it is expensive wines that are exported, and this is without including sparkling wines (e.g. champagne).

The sparkling wines have their own category in the statistics, and their average export price was 8.2 euros/litre, an increase of 4% from 2022. (Champagne is very far above other sparkling wines.) Bubbles represent 11% of the total exported volume and 25% of the export value.

Bulk wine exports are the second largest category by volume. Despite representing 33% of the world’s total wine volume exports in 2023, bulk wine accounted for only 7% of the total value. The average export price was 0.7 euro/l, a decrease of 7% from 2022. It is interesting to compare the three major wine countries: Of France’s exports, 9% are bulk wine, of Italy’s, 19%, and of Spain, 57%.

Read more (pdf): OIV

"Shipping all over the world", sign on a wine shop in Bordeaux
"Shipping all over the world", sign on a wine shop in Bordeaux, copyright BKWine Photography
A big bunch of bank notes, money
A big bunch of bank notes, money, copyright BKWine Photography

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