Two billion euros in export shortfall for French alcoholics in 2020

French wine and spirits producers are having a hangover. After a record year in 2019, at 14 billion euros, the sector shows exports down 13.9% (to 12.1 billion euros), announced the Federation of Wines and Spirits of France (FEVS) during its annual press conference. “It’s a year beyond the difficult”, comments César Giron, president of the FEVS. These bad figures concern both wines, whose exports fell by 11.3%, and spirits, whose foreign sales fell by 19.4%. “All the vineyards are concerned” deplores César Giron.

Source: UsineNouvelle – Actualités A la une by

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