Spanish wine exports up 15% in 1Q 2007

The Spanish Wine Federation (FEV) has released export data from the first quarter 2007 showing strong increases in both value and volume for Spanish wines. Volume was up by 15.9% to 353 million liters and value up by 15.6%, or 53 million Euros, to 391.6 million Euros from the same period a year ago.

All wine categories, except vinos de aguja, registered large gains in their invoiced values: D.O. wine was up 12%, bottled table wines up 24%, Cava up 14%, and bulk wines rose by 25%.

The growing export markets during the quarter were:
UK , Spain's second most valuable export market, was up +18% in value and +14% in volume;
USA, the third largest market in terms of value, was up 15% in value and up 29% in volume;
Exceptional increases were made in sales of wines to Russia (up over 270%), which is now Spain's third largest export wine market in terms of volume and seventh in value.
Germany remained for first quarter 2007 Spain's most important wine export market, in both value and volume, buying over 60.5 million liters of wine (17% of production) at a value of 71.5 million euros (18% of value).