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Trade in wine and vine products on the rise

Entrada de blog Publicado el 20/10/2023
By Monia Snoussi-Mimouni, Erik Wijkström and Wolf Meier-Ewert

The first edition of the Vine and Wine World Trade Forum, held earlier this month in Dijon, France, revealed that international trade in wine and vine products has grown significantly over the past two decades.

The market has also become more diversified as consumer tastes have changed. While traditional winemaking economies, such as France, Italy and Spain, maintain their dominance in wine exports, “new world” winemakers, such as Australia, Chile and the United States, are also making major inroads. However, the share of China as an importer has declined following a period of growth, possibly due to global disruptions, such as the COVID-19 pandemic. 
Trade in wine and vine products on the rise
Although tariffs have decreased in international wine trade, the wine industry is strongly influenced by non-tariff measures, such as increasing regulatory activity and health and safety considerations, including health warnings about wine consumption. At the same time quality schemes like geographical indication (GI) protection have a strong positive impact on export values. These trends underline the WTO's importance as a forum for fostering international cooperation to avoid trade frictions and fragmentation.

An upward trend for international trade in wine and vine products
International trade in wine and vine products has almost tripled over the past two decades. Figure 1 shows its value steadily rising from US$ 17.7 billion in 2000 to over US$ 50 billion in 2021 and 2022. Wine accounted for the majority of this trade (76 per cent in 2022), while the remaining 24 per cent consisted of fresh and dried grapes and grape juice.

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