Asia Trip To Riberia del Duero (Spain)
5th Nov to 10th Nov, Madrid, Spain
In order to help Riberia del Duero wineries sell more wines in Southeast Asia, the Riberia Winery Association (Asebor) had invited 7 importers from Singapore, Taiwan and South Korea for the trip. 2 from Singapore, 2 from Taiwan and 3 from South Korea.
The following are excepts published in Spanish newspaper ...
In Singapore
1. General Data.
Singapore, also known as the Republic of Singapore, has an area of 719 km2 and correctly has around almost 5.5 million inhabitants. In 2021, import and export trade exceeded 763 billion euros. In the particular case of wine, since it is not a producing country, it is highly dependent on foriegn trade.
2. How does Spanish wine fit in?
The perception is very positive, with the Rioja and Riberia del Duero designations of origin being the best known. Furthermore, Spanish wine is gaining and more and more importance with the opening of new Spanish cuisine restaurants. The most consumed wine continues to be red.
3. Alcohol Taxes.
Although there are taxes that penalize the alcoholic strength, importers Grace Lim, of Millie's Enterprise, and Luigi Ghirardello, of Wine Exchange Aaia, send a message of hope. "Taxes are not an impediment for Riberia de Duero wines, most important the wines are value for money!"