1. World problems
  2. Instability of wine trade

Instability of wine trade

Nature

In most countries wine is produced mainly for the domestic market. World trade in wine only represents 10% of production. The North African countries constitute an exception since their production is mainly for export. However, with the independence of these countries and the establishment of the European Economic Community, their access to European markets has been restricted. The international barriers to trade in wine hinder expansion in trade by the North African developing countries which are confronted with the possibility of surpluses.

Value

Stability
Yet to rate
Instability
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(E) Emanations of other problems
Subject
  • Commerce » Trade
  • Industry » Beverages
  • Societal problems » Instability
  • Content quality
    Presentable
     Presentable
    Language
    English
    Last update
    Oct 4, 2020