In the last decade, the Spanish wine industry has attracted more than 800 million euros in foreign direct investment, reflecting the growing attractiveness of the Spanish wine market and moving in the right direction.
Image courtesy of: Penin Guide Spain
Emilio Ontiveros, president of Afi: Analistas Financieros Internacionales, author of the Wine Industry Study, highlights the high diversification of Spanish wine exports and says that there is an asymmetry between Spanish wine sales and revenues and that it is important to work to improve the quality of wine.
According to the report of the Spanish Professional Wine Organization (OIVE), Spain is the third largest producer of wine in the world, with a production of 3.8 billion liters and the largest area of vines in the world, with a total of 950 million hectares. Spain is also the country that exports the most wine, but is only third in the world in terms of export trade.