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May 30, 2022 View:

Value of U.S. exports to Italy down 6 percent in 2020

According to Eurostat data analyzed by the Union of Wines (UIV), U.S. exports to Italy will fall by 6 percent in value and 5 percent in average price by 2020, especially for products such as sparkling wines and bottled distilled spirits.

Image courtesy of: Italian Wine Channel

This is an expected trend, but it is not overly worrisome as it is certainly positive for the overseas outlook in the near future.