US tariffs dent Italy wine exports | HappeningNow.news

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US tariffs dent Italy wine exports

Source Summary Published March 18, 2026 Brief Under 1 min brief
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Summary

Italian wine exports declined in 2025, "heavily impacted" by US tariffs and the resulting dollar devaluation, new data suggests. Export value reached €7.78bn ($8.9bn) last year, down 3.7% from 2024, according to findings from trade body Unione Italiana Vini (UIV), using data from the Italian National Institute of Statistics (ISTAT). Volumes slipped 1.9% to 21 million hectolitres.

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