Malaysia Oversight

Portuguese wine exports to U.S. plunge due to tariffs: association

By theStar in November 14, 2025 – Reading time 2 minute
Powerful earthquake of 6.2 magnitude shakes in Istanbul


LISBON, Nov. 13 (Xinhua) — Portuguese wine exports to the United States fell by 9.3 million euros (10.82 million U.S. dollars) in the first nine months of 2025, as the sector continues to feel the impact of U.S. tariff measures, according to data provided by ViniPortugal to local media.

The decline deepened after the tariff dispute initiated by Donald when he took office on Jan. 20. By May, Portuguese wine shipments to the U.S. had already dropped 9.7 percent year-on-year, generating a cumulative loss of 4 million euros following the introduction of a 10 percent customs levy on all goods shipped.

The figures released this week, covering the period through Sept. 30, show that under the new 15 percent tariff agreed with the European Union, the value of wine sales has now registered a further contraction.

“It is an atypical drop in export value,” said Frederico Falcao, president of ViniPortugal, the national body responsible for promoting the “Wines of Portugal” brand globally, cited by Portuguese newspaper Publico.

Falcao acknowledged that the imposition of customs duties dragged exports into negative territory compared to 2024. However, more damaging than the tariffs themselves, he said, was the “unpredictability” surrounding the U.S. market, which significantly discouraged buyers.

Speaking before departing for , where he is accompanying 33 Portuguese producers participating in ProWine Shanghai 2025, Falcao said that Portugal recorded a decline in export value but an increase in export volume.

“If we had not seen this drop in the U.S. market, overall exports would have grown,” he said.



Source link