FRANCE: CIVB reports buoyant Bordeaux exports

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The Conseil Interprofessionnel du Vin de Bordeaux (CIVB) has said exports from the region rose in volume and value terms for the year to 31 July.

Export volumes increased by 4% to 1.8m hectoliters, while revenues jumped 24% to EUR1.2bn (US$1.6bn).

Reds fared well with appellations including Médoc, Saint-Émilion and Pomerol benefiting, in certain markets, from buoyant demand for the 2003 vintage.
Exports to the EU were stable in terms of volume but rose 17% in value. The UK was the biggest market in terms of value. Shipments to the UK inched up by 2% to 255,000 hl, generating a 45% leap in revenues to EUR212m.
Outside the EU, exports to the US rose 29% in volume terms and leapt 70% in value. In Asia, there was strong growth in Bordeaux exports to Japan, Hong Kong, South Korea and China.

Sectors: Wine

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