In the first quarter of this year, the sales of Portuguese wines to foreign markets showed a positive trend.
ViniPortugal said on Wednesday that compared with the same period last year, Portuguese wine exports in the first quarter increased by 13% to more than 200 million euros.
“Compared with the same period in 2020, the export of Portuguese wine in the first quarter of 2021 is very favorable. […] ViniPortugal said in a statement that exports in the first quarter of 2021 will increase by 13% compared to the same period in 2020, and have exceeded 200 million euros.
By market, Finland is the country with the highest percentage growth, with an increase of 42.20% (3.38 million euros) as of March.
It was followed by Poland with an increase of 37.74% (7.15 million euros), Norway with an increase of 32.21% (3.22 million euros), and Denmark with an increase of 24.11% (37 million euros).
Among the third countries, Portugal’s wine exports to Brazil (increased by 38.5%) and the United Kingdom (increased by 9.41%) performed well, at 15.51 million euros and 14.04 million euros, respectively.
According to the association’s data, exports to China amounted to 3.93 million euros, an increase of 35.61% over the first quarter of 2020.
In contrast, Angola and Japan dropped by 31.87% and 13.50% respectively.
“We are very pleased to feel that the market has changed again. The tremendous growth experienced in the first quarter makes us look forward to a favorable year for 2021, not only the opening of new markets, but also the gradual growth of exports in the same document. To quote Frederico Falcão, President of ViniPortugal.