Brexit impact on French wine

An English vineyard, French wines could cost more, with reduced choice

France exports €11.7billion of wine, with €143million of that going to the UK, its second largest export market after Germany. What impact will the UK leaving the EU have on the wine industry and on wine consumption in the UK?

Tariffs

As part of the EU free-trade zone, there is no tariff on wine imported from France. Outside the EU, Britain could impose a tariff on European wines and would be highly likely to do so. The figure being suggested is 32% as that is the wine tariff applied under the World Trade Organisation. The EU would have to negotiate trade deals to reduce that tariff but given that Britain is a net importer of food and drink from the EU, it is unlikely to do that.
 
Duty

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