Spanish wine exports 2007 - up 12% in first trimester

First trimester exports of Spanish wines showed double digit growth in both value (+12.5%) and volume (+12.6%). The FEV data is based on customs' reports for January through April 2007 and provides comparisons with the same period last year.

The highlights for the 1T 2007 period:
Higher value exports to the US: among Spanish wine's 5 highest value markets, the US market grew fastest, up 15,25%, spending 39 million euros on D.O. wines and 10 M€ on Cava. Germany is still the overall most valuable market: at over 92M€, accounting for 18% of Spanish wine exports by value. Second most valuable market is the U.K. at 75M€. The U.K. imported the highest value amount of D.O. wines, 50M€.

Bulk exports to Russia continue to grow, up 420% to 50 million liters. The trade ban on main Russian market suppliers Moldova and Georgia continues, providing commercial opportunities for Spanish bulk suppliers. France was Spain largest bulk wine market for the period at over 60M liters. And Germany is the largest market overall at over 80M liters.

Bottled wines from D.O. were up nearly 9% in value for the period, on flat volume. The majority of the growth in value was the +14% growth the value of white wine shipments. While for bottled red table wines growth in value and volume was at roughly 15%. Cava grew nicely at 12% growth in value on 5% volume growth.