Edition 1424
20 May 2017
Edition: 1424

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ViniPortugal expects to export €774m this year

by TPN/ Lusa, in Business · 11-05-2017 15:15:00 · 0 Comments

The CEO of ViniPortugal, Jorge Monteiro, said he expects Portugal to export wine to the value of more than €744 million this year, 4.14 percent more than in 2016.

“We hope to export about €744 million despite the loss of some €65 million in sales to Angola over the last two years”, the ViniPortugal boss told reporters at a meeting in Lisbon.
In spite of this drop, because of the economic crisis and the foreign Exchange problems that Angola is facing, the Portuguese wine exports managed to place their products in other markets such as the USA, Canada, Poland, Cyprus, Japan and Norway.
Founded in 1997, ViniPortugal is the interprofessional association of the wine industry and it manages the ‘Wines of Portugal’ brand.

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Edition 1424
20 May 2017
Edition: 1424

Read this week's issue online exactly as it appears in print.

Twitter

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