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When Brexit becomes a wine issue or an opportunity  

The UK has always been one of the major players for world wine imports. Indeed wine consumption accounts for more than one-third of UK alcohol consumption in volume. French wine exportations to England go back a long time ago. During the XIIth century, Bordeaux region was British and thanks to maritime paths many barrels were exported to England. Brits have always enjoyed drinking fine wine and especially French. Brexit may have consequences on this historical pleasure.     The impact of Brexit on wine trade From a macroeconomic point of view, Brexit will…

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Sparkling and spirits boost French wine exports in the first half of 2016

In the first half of 2016, exports of French wines and spirits grew by 1% to €5.3 billion - an historic level. However, these figures hide some major disparities. Spirits (+4% in value) and sparkling wines (+4% in value) drove sales, but falling production in recent years means still wines are in decline (-3% in volume, -2% in value). Sector boosted by spirits and sparkling wines Sales of sparkling wines overseas continued to grow both in value (4%) and volume (1.1 billion) in the first half of the year. These figures are down…

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