2/16/2012

French wine and spirits exports soar to record 10.1 billion euros


For the first time ever wines and spirits earned France more than 10 billion euros in a single year, coming second only to aerospace and contributing a surplus of 8.6 billion euros to the country’s trade balance.
France’s income from wine and spirits exports soared 10.5 per cent to 10.1 billion euros in 2011. But, while Asians and Americans have never bought so much French wine, the main reason for the rise is higher prices, not more bottles sold.

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