French wine, spirits export volumes sink to at least 25-year low

Paris
Reuters
 — 

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.

Total French wine and spirits exports dropped 3% in volume last year to 168 million cases, their lowest level since at least the beginning of the century, according to a spokesperson for FEVS. They fell 8% in value to a five-year low of 14.3 billion euros ($17.03 billion).

French wine and spirits exports have slipped from being traditionally France’s second-largest export sector to third, behind…

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