Wine contributes €130bn to the EU’s GDP

The study was designed to quantify the socioeconomic and environmental impact of the wine industry within the European Union (EU).
Researchers at PricewaterhouseCoopers (PwC) determined that the wine trade represents 1.4% of total EU employment, playing a particularly crucial role in rural areas.
Wine also accounted for 0.8% of the bloc’s total GDP in 2022, contributing €130bn to the European economy.
Europe accounts for 62% of global wine production and trade.
Exports hit €17.9b