La revue du vin de France (RVF) relays the report of the FEVS* that wine and spirits placed second by value after aeronautics in exports of French products in 2012. The value of exports exceeded 11 billion euros, led by strong growth in Cognac (+34%), Bordeaux (+30%) and Champagne (+10%). The article points out that the volume has grown by only 1.6% while the value has increased by 10% as compared to 2011. There is awareness that there is a great deal to do to counter “ferocious competition” from Spanish and Australian wines.
*Fédération des Exportateurs de Vins & Spiritueux de France