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French exports of wines and spirits fell by 13.9% in 2020

2021-02-11T10:34:27.048Z


The health crisis and the taxes applied on French wines in the United States, their main market abroad, explains this drop.


French exports of wines and spirits fell by 13.9% in 2020, suffering from the health crisis and the taxes applied on French wines in the United States, their main market abroad, announced Thursday the Federation of exporters. of wines and spirits (FEVS).

Read also: Wines and spirits: the Competition Authority suspects a price agreement

Spirits exports fell sharply (-19.4% in value) with the closure of cafes, clubs, restaurants and hotels around the world during lockdowns. Sales of French wines abroad fell by 11.3% (including a drop of 18% in the United States), mainly due to the punitive tax of 25% applied by Washington in response to a transatlantic aviation conflict. , said the FEVS, qualifying 2020 as the year “

beyond

” the “

difficult

”.

Source: lefigaro

All business articles on 2021-02-11

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