Germany remained Spain’s largest foreign buyer of wine through June 2026

Germany remained the biggest foreign buyer of Spanish wine in the 12 months from July 2025 through June 2026, while the United Kingdom and the United States held the next two spots, according to Spanish tax agency data reviewed by the Interprofessional Organization of Wine of Spain.

Germany bought 329.4 million euros worth of Spanish wine during the period. The United Kingdom followed with 302 million euros, and the United States ranked third with 264.3 million euros. Together, those three markets accounted for 32.2% of the 2.7814 billion euros billed by Spain’s wine exporters over the 12-month period.

The top 10 markets represented 65.8% of Spain’s total foreign wine revenue. After Germany, the United Kingdom and the United States, the largest markets by value were France, the Netherlands, Switzerland, Belgium, Canada, Japan and Portugal.

Germany also led by volume. It imported 369.9 million liters of Spanish wine, equal to 21.1% of all wine shipped abroad by Spain. That lead held even though German purchases fell 7.3% in value and 10.9% in volume from the previous 12-month period. Because the drop in liters was sharper than the decline in revenue, the average price rose 4% to 0.89 euros per liter. Even with that increase, Germany’s average price stayed well below Spain’s overall export average of 1.59 euros per liter.

The United Kingdom showed a steadier pattern. The value of its purchases slipped 2.8% to 302 million euros, but volume increased 1.2% to 121.1 million liters. Britain held a 10.9% share of Spanish wine export revenue and ranked fourth by volume, with 6.9% of total liters. Its average price fell 4% to 2.49 euros per liter. The British market also stood out in the first half of 2026, when it moved ahead of the United States as the leading buyer by value of Spanish bottled still wine, reaching 106.8 million euros.

The United States kept third place by revenue, but it posted one of the sharpest declines among Spain’s main customers. U.S. purchases dropped 20.3%, falling from 331.6 million euros to 264.3 million euros, a reduction of about 67.3 million euros. Volume fell 15.4%, from 69.2 million liters to 58.5 million liters, leaving the U.S. in seventh place by quantity. Even with the decline, the United States remained one of the highest-paying major markets, with an average price of 4.52 euros per liter. Among the leading buyers, only Switzerland paid more on average.

France ranked fourth by value at 219.3 million euros, but it was the second-largest buyer by volume, at 326.3 million liters. That gap reflected a low average price of 0.67 euros per liter. French imports of Spanish wine fell 7.2% in value and 12.2% in volume, which pushed the average price up 5.7%. Germany and France together accounted for 39.8% of all liters exported by Spain during the period.

The Netherlands and Switzerland completed the top six markets by value and were among the few leading destinations to post gains. Dutch purchases edged up 0.5% to 165.7 million euros. Swiss purchases rose 0.3% to 143.9 million euros. With those two countries included, the top six markets generated 51.2% of Spain’s wine export revenue. Switzerland recorded the highest average price among the major destinations at 6.71 euros per liter, up 7.5%, while the Netherlands paid an average of 3.16 euros per liter, up 8.6%.

Belgium, Canada, Japan and Portugal rounded out the top 10 markets by value. Belgium bought 115.2 million euros worth of Spanish wine, down 3.2%. Canada purchased 110.8 million euros, down 9.7%. Japan imported 91.1 million euros, down 1.8%. Portugal stood out with 88.1 million euros, up 9.7%, the strongest performance among the top 10 by value. Portugal also ranked third by volume, with 137.9 million liters, a 4% increase from a year earlier.

The ranking changes when measured in liters instead of revenue. After Germany and France came Portugal, the United Kingdom, Ivory Coast, Italy, the United States, the Netherlands, Belgium and Japan. Those 10 markets absorbed 74.6% of all Spanish wine exported by volume.

Ivory Coast was a clear example of the difference between volume and value. It ranked fifth by quantity with 80.5 million liters, but only fourteenth by revenue with 49.4 million euros. Its average price was 0.61 euros per liter. Italy showed a similar pattern, placing sixth by volume at 72.7 million liters but fifteenth by value at 44.8 million euros.

Italy also recorded the weakest trend among the markets near the top of the volume ranking. Its purchases fell 42.4% in liters and 34.2% in euros. Other notable declines were recorded in Russia and China. Russian imports dropped 32.9% in value to 24.1 million euros, while Chinese purchases fell 22.1% to 28.5 million euros.

Some smaller markets moved in the opposite direction. Ivory Coast increased spending on Spanish wine by 16.1%. The Dominican Republic posted a 6.4% gain. Brazil rose 2.2%, Ireland 1.3%, and Denmark 0.9%. Outside the highest-value markets, several countries showed strong growth in volume. Morocco expanded its purchases by 44.4% to 37.5 million liters, making it the eleventh-largest market by quantity. The Czech Republic increased volume 19% to 11.9 million liters, and South Korea rose 10% to 11.5 million liters.

Japan also bought more Spanish wine by volume, with a 3.4% increase in liters, even though the value of those purchases declined 1.8%. The United Kingdom and Portugal also combined higher volumes with established positions among Spain’s largest buyers, showing that some of the biggest markets remained stable or expanded even as total trade conditions varied widely from one country to another.

Average prices varied sharply across destinations and helped explain the different rankings in value and volume. Switzerland led with 6.71 euros per liter, followed by the United States at 4.52 euros, Canada at 4.27 euros, Ireland at 4.04 euros and Mexico at 3.84 euros. At the lower end were Germany at 0.89 euros, France at 0.67 euros, Portugal at 0.64 euros, Italy at 0.62 euros and Ivory Coast at 0.61 euros. Those price differences meant that some countries generated high revenue from moderate volumes, while others bought much larger quantities at far lower prices.

All remaining markets combined contributed 454.3 million euros, or 16.3% of total export revenue, and 209.5 million liters, or 12% of total volume. Spending by that group slipped only 0.8%, but the amount purchased fell 15.9%, widening the gap between the value and the volume of Spanish wine sold across those destinations.