Portuguese Wine Exports Rise in 2020 Despite COVID-19 Challenges

Country:
Portugal

Report Highlights:
Portugal is divided into 14 main wine producing regions. Portuguese wine production for Marketing Year 2020/21 is estimated to drop three percent to 6.3 million hectoliters due to unstable weather conditions. Despite the COVID-19 pandemic, during MY 2019/20, Portugal remained a net exporter of wine with exports rising five percent and valued at $936 million. Additionally, renewed Portuguese consumer interest in prime quality wines continues to create opportunities for wine imports.

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