VOICED : Spain  wine surplus spills across planet

VOICED : Spain wine surplus spills across planet

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Interactive Video

Business

10th Grade - University

Hard

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In 2013, the Jesus del Paredon vineyard near Madrid achieved a record grape harvest, producing 90 million kilos, largely due to favorable weather and improved cultivation techniques. Spain became the world's largest wine producer, surpassing France and Italy, thanks to extensive vineyard coverage and significant investments in productivity. Despite this, domestic wine consumption in Spain is low, leading to high export rates. The industry faces challenges in marketing and sales, needing to convince global markets of its wine quality to transform record crops into profits.

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