Global wine sales boom despite crisis: industry

Jun 22, 2011

Drinkers worldwide are spending half a trillion dollars a year on wine and spirits, boosting exports from France, Italy, Argentina and even small producers like Brazil, executives at a major industry fair said this week. Experts at the Vinexpo trade fair in Bordeaux, the heart of the French wine trade, said Italy had overtaken France in the volume of wine exports and flagged Argentina as a future top contender in the global market.

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