26.10.2011 - Vinexpo news selection
Concerns following the catastrophic earthquake and ensuing tsunami in Japan last March for Burgundy wine exports to the country have died down. In the first 7 months of the year, exports grew by 6% by volume and 14% in value. These results beat those in 2007, which was already a record year for Burgundy. A favourable euro-to-yen exchange rate contributed to this performance.
Japan, which is Burgundy’s third largest export market, has historically been stable for the last ten years. In 2010, the country accounted for 12.2% of all Burgundian exports. (VSB – 7 October 2011)