{"id":216013,"date":"2025-06-26T13:50:08","date_gmt":"2025-06-26T13:50:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/216013\/"},"modified":"2025-06-26T13:50:08","modified_gmt":"2025-06-26T13:50:08","slug":"crisis-in-spain-as-uk-tax-deals-huge-7-5-drop-to-key-export-world-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/216013\/","title":{"rendered":"Crisis in Spain as UK tax deals huge 7.5% drop to key export | World | News"},"content":{"rendered":"<p>Exports of Spanish wine to Britain have plummeted after the UK government introduced a new <a data-link-tracking=\"InArticle|Link\" title=\"Taxes\" href=\"https:\/\/www.express.co.uk\/latest\/tax\" target=\"_blank\" rel=\"noopener\">tax<\/a> regime in February. The value of Spain&#8217;s wine exports to the UK fell to \u20ac111million (\u00a394.7m) in the first quarter of 2025.<\/p>\n<p>This represents a whopping 7.5% drop and a huge blow for <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/world\/2071102\/panic-spain-british-tourists-holidays-morocco\" target=\"_blank\" rel=\"noopener\">Spain&#8217;s<\/a> wine producers, for whom the UK has been a major market. Other wine-producing countries feeling the heat from the post-<a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/politics\/2072542\/uks-post-brexit-sovereignty-under-threat\" target=\"_blank\" rel=\"noopener\">Brexit<\/a> taxes include France and Italy. <a data-link-tracking=\"InArticle|Link\" title=\"European Union\" href=\"https:\/\/www.express.co.uk\/latest\/european-union\" target=\"_blank\" rel=\"noopener\">European Union<\/a> countries saw declines in exports of 6% and 6.7% respectively in the first four months of the year.<\/p>\n<p>The new UK tariff system taxes wine based on alcohol strength rather than liquid volume.<\/p>\n<p>This has impacted <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/life-style\/food\/555041\/Top-7-Spanish-wines\" target=\"_blank\" rel=\"noopener\">Spanish wines<\/a> particularly hard, as they are famous for their higher alcohol content due to warmer growing conditions.<\/p>\n<p>Drinks importers must now pay more for wines above 12.5% alcohol \u2013 a category that includes many classic Spanish reds.<\/p>\n<p>UK buyers are reportedly paying around 20% more for many full-bodied reds, which is driving up prices in the shops and supermarkets.<\/p>\n<p>\u201cIt\u2019s putting our prices much, much higher,\u201d said Nicola Thornton, founder of the Spanish export company Spanish Palate.<\/p>\n<p>\u201cThe tax is definitely a conversation that\u2019s in the foreground. Everyone is asking: what\u2019s the alcohol level?\u201d<\/p>\n<p>The UK\u2019s move is in effect penalising the very characteristics \u2014 such as richness, ripeness, and body \u2014 that make <a data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/life-style\/food\/613596\/Bargain-Spanish-red-wine\" target=\"_blank\" rel=\"noopener\">Spanish wines<\/a> appealing.<\/p>\n<p>The result is a loss of competitiveness, diminished profitability, and a need to rethink strategies for both product and market diversification.<\/p>\n<p>There is some good news still for Spanish wine producers, who have seen their products thrive in the US market.<\/p>\n<p>Exports of Spanish wine to the US rose 9% in the same period to \u20ac119.6 million (\u00a3102m), driven by strong importer demand and fears of possible future US tariffs.<\/p>\n<p>But experts say this alone may not be enough to offset the UK decline.<\/p>\n","protected":false},"excerpt":{"rendered":"Exports of Spanish wine to Britain have plummeted after the UK government introduced a new tax regime in&hellip;\n","protected":false},"author":2,"featured_media":216014,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[5322,748,85787,393,1699,4884,1144,712,104,479,16,15,1764,9917],"class_list":{"0":"post-216013","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-brexit-news","10":"tag-britain","11":"tag-drinks-industry","12":"tag-england","13":"tag-european-union","14":"tag-great-britain","15":"tag-northern-ireland","16":"tag-scotland","17":"tag-spain","18":"tag-tariffs","19":"tag-uk","20":"tag-united-kingdom","21":"tag-wales","22":"tag-wine"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/216013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=216013"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/216013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/216014"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=216013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=216013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=216013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}