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French wine, spirits exports lose fizz for third year as trade tensions hit
Trade barriers caused an 8% value drop in French wine and spirits exports to €14.3 billion, with U.S. and Chinese tariffs heavily impacting cognac sales, industry group FEVS reported.
- On Feb 10, industry group FEVS reported that 2025 exports fell 8% to 14.3 billion euros and volumes declined to 168 million cases.
- Rising duties and market uncertainty pushed the U.S. and China to impose tariffs and anti-dumping measures, cooling demand and pressuring exports, FEVS said.
- Regional figures reveal French spirits exports fell 17.4 percent, with Chinese anti-dumping duties contributing to the decline, FEVS said.
- Winegrowers face over-production and pressure while supporting 600,000 jobs and generating around 32 billion euros annually, as the French government opened a 130-million-euro "arrachage" fund last Friday.
- FEVS Chairman Gabriel Picard said the sector could benefit from new EU trade deals with India and Mercosur but warned 2026 may remain difficult, with a 17% decline since 2022.
32 Articles
32 Articles
French wine, spirits export volumes sink to at least 25-year low
French wine and spirits exports fell last year to their lowest volume in at least 25 years as US tariffs and Chinese duties hit sales and a strong euro made some alcohol more expensive, industry group FEVS said on Tuesday, warning of no imminent relief.
French Wine Exports Hit 25-Year Low Amid Trade Tensions
French wine and spirits exports suffered a significant decline last year due to U.S. tariffs, Chinese duties, and a strong euro. The industry's volume reached its lowest in 25 years. New EU trade deals might provide future relief, but geopolitical tensions still pose challenges, especially in the U.S. and China.
US tariffs hit French wine and spirits exports hard last year, contributing significantly to an overall eight percent drop in the value of one of France's most important exports, a trade body said Tuesday.
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