Russia Doubles Wine Imports
The record still belongs to Italian wineries. The accumulated wine stocks are sufficient to meet the needs until March 2025
Russia imported 62 million liters of wine in April, almost double the amount imported in the same month last year. According to the Russian Customs Service, 138 million liters of wine were imported in the first four months of the year, 20% more than the results recorded in the period January-April 2023.
Traditionally, the record among the largest exporting countries belongs to Italy, which supplied Russia with about 30% of all imported wine. In second place was Georgia with 20%, and in third place among the largest exporters was Spain (12%). France and Portugal’s shares were 7% and 5% respectively.
Analysts, however, emphasize that Georgian wine is actually nothing more than winemaking material imported mainly from Spain and bottled in the small former Soviet republic in the Caucasus.
As the Kommersant newspaper writes today, Russian importing companies have now accumulated sufficient stocks to easily satisfy Russian wine consumption until February-March 2025. Finally, it is emphasized that since the beginning of the year, the country’s wineries have increased their own production by 30% compared to the first four months of 2023.