Team:Bordeaux/Template:PolicyPracticesEconomy
The production of Bordeaux is 6.4 million hectoliters with only 14% for white wines. More than 850 million bottles are sold every year and a economy of more than 3.7 billion €. In 1997, 62% of production volume was sold in France, half in supermarkets. Exports have been multiplied by 2 in the last 20 years. Today, the red wines represent 86% of total volumes produced by the vineyards of Bordeaux, 89% of exports in volume and 92% in value. Yet until 1960, white wines were the main wine production in Gironde. Bordeaux has 12 000 farmers with half vinify their own wine, or 75% by volume. The other 57 are for Caves Cooperatives. Winemakers join the union of their appellation and all of these groups together unions in the Bordeaux Grands Vins Federation which aims to protect the interests of viticulture and steer the Gironde wine policy. The Bordeaux has 400 trading houses including 200 farmers who provide over 70% of turnover in the Gironde wine market. 35% of production is exported.
Economy
A bit of History