champagne export in the Persian Gulf countries France they soared in 2022 as Russian tourists flocked there after the war in Ukraine limited their access to Western markets. Champagne is just one of many products through Turkey they fall into Russia or into Russian hands, despite Western sanctions for Moscow’s war with Ukraine. Accordingly, through Turkey, Russian products enter the markets of Hesperia.

French producers shipped nearly 1.9 million bottles of sparkling wine to the UAE, up 75%, with exports to Turkey up 120%, according to data released this month by Comite.Champagne. Other data from the Trade Data Monitor showed that Turkey’s champagne exports to Russia will grow by 182% year-on-year in 2022. In 2022, the US, UK and Japan were the largest international consumers of champagne after France. According to David Chatillon, co-president of the French Association of Champagne Houses, the fact that the Russians flooded the United Arab Emirates and neighboring countries after invading Ukraine could increase champagne sales in the Gulf region, but he added. , “it’s hard to say in what proportion.” It is noted that the US and EU imposed a ban on the export of luxury goods to Russia after the invasion of Ukraine last year. But the ban only applies to goods worth more than 300 euros ($323), and bottles of champagne often sell for less. Some of the states that saw a surge in champagne imports may have re-exported it to Russia, according to the Geneva-based Trade Data Monitor.

Last year, French producers sent almost 1.9 million bottles of sparkling drink to the United Arab Emirates, while exports to Turkey grew by 120%.

After the Russian invasion of Ukraine, Moscow stopped publishing trade data. But analysts and economists can still draw conclusions about its trading tactics by looking at data from other countries that trade with it. Matthew Klein, an economics writer and co-author of Trade Wars Are Classes, is one of those who has drawn some conclusions about the “hole” Russia has left in the international economy. According to his calculations, the value of Russia’s global exports in November 2022 was only 15% less than the average before the invasion of Ukraine. In all likelihood, these exports fully recovered in December. “Most of this recovery is due to China and Turkey,” he notes. In addition, last year the Russians became the largest foreign buyers of real estate in Turkey and Dubai. According to the Turkish Statistical Service, they set a record in 2022 by purchasing 16,312 homes in Turkey.

In terms of champagne, Russia, which was the 13th largest export market by volume in 2021, slipped to 38th place as exports fell more than 80% last year. Producers sent about 435,000 bottles to the country, compared to more than 2.3 million in 2021. It is possible that some shipments to Russia continued until the invasion at the end of February 2022, according to David Chatillon of the French Union of Champagne Houses.