Burgundy exports are booming, figures show

Imports and Exports | | MIC Customs Solutions |

Interest is currently extremely high in French Burgundy wines.

Exports of the wine variety Burgundy are booming, according to new figures seen by industry publication The Drinks Business.

Data shows that exports exceeded €1 billion in value for the first time in the year ending September 2019 as demand for beverages produced in the region continued to grow.

Both volume and value rose in the period October 2018 to September 2019 when compared with the same period in 2017-18, to the tune of 6.5 per cent and 9.8 per cent respectively.

Altogether, some 88.1 million bottles were exported, with only a small reduction in volume in Taiwan and value in the Netherlands sullying the data slightly.

Experts said the record total has been helped along by some excellent harvests in the region.

However, there are fears that trouble may be brewing for French winemakers after the US imposed import tariffs of 25 per cent on still wines of 14 per cent ABV or below from France, Spain, Germany and the UK.

Owners of vineyards are concerned US orders may fall as a result, which would hit producers hard given that the country is a major market for Burgundy.