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19/07/2021
Key 2020 figures for Bourgogne wines in the United States
1st export market for Bourgogne wines in terms of value
2nd largest export market for Bourgogne wines in terms of volume
Exports: 15.8 million bottles (-15.2% / 2019) valued at 175.9 million euros (-22% / 2019). By volume
As of mid-October 2019, Bourgogne wines (excluding Crémant de Bourgogne) suffered from President Trump's decision to impose 25% ad valorem taxes, as part of the Boeing/Airbus dispute. This economic choice was aggravated by the consequences of the Covid-19 pandemic (closure of restaurants, wine bars, confinement, suspension of air shipments...).
This inevitably led to a drop for Bourgogne wines on the American market in 2020:
Unsurprisingly, the removal of the 25% tax along with the reopening of restaurants and other wine consumption venues is leading to a sharp rebound in Bourgogne wine exports to the United States during the first 5 months of 2021 (compared to the same period in 2020): Up 34.2% in volume and up 43.8% in value.
Due to the context of 2020, it is also interesting to note an increase compared to 2019, which was a very good year: + 4.5% in volume and + 0.2% in value / first 5 months of 2019.