Portuguese wine exports to Brazil up 34.4 pct in first half of year

17 July 2007

Sao Paulo, Brazil, 17 July – Portugal kept its position as Brazil’s third-largest wine supplier in the first six months of this year, increasing its exports by 34.38 percent in a year-on-year comparison, according to official statistics.

Brazil’s total wine imports were worth US$ 8.9 million, reaching a volume of 2.1 million liters, up 21.04 percent, in the same period, Brazil’s ministry of development, industry and foreign trade said.

Portugal remained in third spot among Brazil’s main suppliers of wine, with a market share of 15.24 percent, behind Chile (34.44 percent) and Argentina (22.89 percent).

Portugal’s wine exports to Brazil exceeded those of Italy, which had a market share of 11.59 percent in the fist half of the year.

Also among the main suppliers of wine to Brazil last year were France, Uruguay, Spain, Australia, South Africa, the United States, New Zealand and Germany.

Brazil’s imports of Portuguese wine climbed 30 percent last year compared to 2005, being valued at US$ 18 million, or 5.9 million liters by volume. (macauhub)