Champagne Industry Sees Spike in Global Exports, Report Says

Global champagne exports have increased by nearly half this year after a steep drop in demand during 2020, according to a July 13 Bloomberg report. The report, which cites French government trade statistics, said the exports have risen by 43% so far this year. French champagne exports to the U.S. have risen 74% during the first five months of 2021 compared with the same period a year ago, the report added, while exports to China rose by 153%.