Spanish Wine Export Trends 2024: Volume Drops, Revenue Rises - Database of wine distributors and importers

Spain Maintains No. 2 Spot in Global Wine Exports, Despite Lowest Volume in a Decade

In 2024, Spain retained its position as the world’s second-largest wine exporter by volume, despite shipments dropping to their lowest level in a decade. According to OIV, total exports fell by nearly 1 million hectoliters, reaching 20.0 million hectoliters.¹

Although export volume declined by 5% — a loss of 101.3 million liters compared to 2023 — export revenue grew by 1.4%, totaling €2.9778 billion. This marks the second-highest export value in Spain’s history, behind only the 2022 record of €3.003 billion. The growth reflects an additional €41 million in annual earnings.^2,3

The overall decline was largely attributed to a 7% drop in bulk wine exports, which account for 55% of Spain’s wine shipments. In contrast, bag-in-box wines were the only format to record growth in both volume (+5.8%) and value.^1,3

Germany Overtakes France in Bulk Wine Imports

Germany remained the top destination in terms of value, importing €396 million worth of Spanish wine (−2%), followed by the UK and the United States. In terms of volume, France still led despite a 7.8% drop, with 509 million liters, ahead of Germany (−1%) and Italy.²

Germany surpassed France as the largest importer of Spanish bulk wine, accounting for 30% of volume and 28% of value in this category. Italy sharply increased its purchases by 50.8 million liters, while Portugal and France recorded drops of −51.25 million and −35.9 million liters, respectively.³

According to OEMV data, fortified wines were the only category to show a decline in value (−6.3%).3 By volume, bag-in-box wines rose +5.8%, while non-sparkling packaged wines without geographical indication increased +2.7%. Meanwhile, bulk wine exports fell by −79.3 million liters (−7%).³

UK Leads in Bottled Wine Exports

In the bottled wine category, the United Kingdom retained its leading role with a 1% increase in value and 1.6% in volume. The U.S. ranked second by value, followed by Germany, whose imports declined by 6.5% in value and 6% in volume. Portugal followed Germany in terms of volume. Notably, Germany placed just 17th in value per liter, paying an average of €0.86, down 1% from the previous year.²

Outside Europe, exports to North America (Mexico, the U.S., Canada), the Netherlands, and Japan also rose, while Germany, Portugal, France, and China saw declines.³

Production Rebounds, But Remains Below Average

Spain remained the third-largest wine producer in the world in 2024, with total output reaching 31.0 million hectoliters, a 9.3% increase compared to 2023.¹ The recovery followed improved weather conditions in regions like Castilla-La Mancha and Extremadura, which had been severely affected by drought the previous year. Still, this volume remains 11.1% below the five-year average, highlighting the ongoing challenges posed by climate volatility.

Beyond production, Spain also leads globally in vineyard area, with 913,000 hectares planted in 2024. All 17 autonomous communities grow grapes, though Castilla-La Mancha dominates with over 430,000 hectares—nearly half of the national total. Other key regions include Castilla y León, Extremadura, and Catalonia. While most vineyards are rainfed, the growing unpredictability of weather has led to wider adoption of supplemental irrigation. Spain also ranks first in the European Union for organic vineyard area, exceeding 165,000 hectares.⁴