According to figures released by the Fédération des Exportateurs de Vins et Spiritueux de France (FEVS), French wine export sales reached a record high of €15.5 billion, with exports to China surging by 56% last year.
Exports of Champagne, wine and Cognac struck a new high in 2021. According to data released by the French Wine and Spirits Exporters Federation on 15 February, French wine exports reached a record high of €15.5 billion in 2021, a year-on-year increase of 28%.
This marks a strong bounce-back of French wine exports across all countries. The US is the largest export destination of French wine and spirits, accounting for more than a quarter of the total sales of French wine exports. The country has regained its role as the leading importer of French wine.
In Asia, French wine exports surged by 56% to €1.26 billion in the Chinese market. The growth rate of exports to South Korea exceeded 60%, and exports to Singapore also increased significantly.
As for spirits, Cognac continues to attract more and more international consumers and hit a record high (€3.6 billion) in 2021, driven by major brands such as LVMH, Pernod Ricard and Rémy Cointreau.