French Exports on the Decline

France is weakening in exports, with declines seen across all categories. At least the value is dropping much less than the volume of wine exported.

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The top 10 markets in 2023 by value and volume (Source: Direction Nationale des Statistiques du Commerce Extérieur - DNSCE)
The top 10 markets in 2023 by value and volume (Source: Direction Nationale des Statistiques du Commerce Extérieur - DNSCE)

In terms of value, the USA - the world's largest wine market - holds the top position despite experiencing losses. Germany is now the most important market by volume, replacing the USA, where France suffered a painful drop in volume. 

The volume exported to Germany fell more sharply than the value, with the average price per liter at around €4.87, slightly higher than the previous year's figure of €4.55.

Champagne, long considered the export engine of the Grande Nation, is now also facing losses, particularly in terms of volume, while the value remains nearly stable. Only the category of wines without an indication of origin or grape variety was able to develop positively in terms of value: The export result here rose by almost 7%.

Difficult market environment.

Francis Dieudonné, Les Grands Chais de France
Francis Dieudonné, Les Grands Chais de France
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France managed to export wine and spirits valued at €16.2bn in 2023, marking a decrease of one billion. Wine experienced negative growth across all categories.

Reading time: 3m

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