Thursday, November 7 2019 14:23
Alina Hovhannisyan

Armenian wines and brandies were presented at China International  Import Expo

Armenian wines and brandies were presented at China International  Import Expo

ArmInfo.From November 5 to 10, the Vine and Wine Foundation of Armenia (VWFA), within the framework of the China International Import Expo (CIIE) at the  Shanghai National Exhibition and Conference Center, presents more  than 160 types of wine and 34 types of brandy in a single pavilion 13  Armenian wine companies.

This year, the CIIE exhibition is held for the second time and  provides an opportunity for participating countries and entrepreneurs  to present their products, increase brand awareness and create  business ties in the second largest economy in the world.

VWFA Executive Director Zaruhi Muradyan noted that Armenia is  exporting wines to 32 countries. "I'm sure that this exhibition will  open prospects for expanding the export of Armenian wine and brandy  through the establishment of new business ties," she emphasized.

According to the source, the CIIE exhibition last year registered  2,462 buyers, 1,178 exhibitors from 82 countries, 657 preliminary  agreements were signed. This year, 3.893 enterprises from 170  countries took part in the exhibition, and the preliminary number of  registered visitors reaches 650 thousand people.

It should be noted that, according to the Statistical Committee of  the Republic of Armenia, in the first half of 2019, 5.7 million  liters wine were produced in Armenia, which is more than the  indicator of y-o-y prescription by 42.8% and 17.7 million liters  brandy, with a y-o-y growth of 44%. According to the RA Customs  Service, during the reporting period, Armenia exported 1.3 million  liters wine, with y-o-y growth of 16.5%, with a decrease in customs  value by 1.5%. China's share of total export of Armenian wine is 5%.

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