Exports of Italian sparkling wine such as prosecco to the U.S. surged by a record amount in November before possible tariffs on the sector, the latest available data from industry group Unione Italiana Vini (UIV) showed on Wednesday. Export volumes grew 41% in November, compared with a 19.5% growth in the first 11 months of the year overall, according to the industry body.
The UIV said there had been a "sudden rush to stockpile" in anticipation of possible duties on imported goods to be imposed by President Donald Trump, who took office on Monday. UIV said such an increase sets a record for the month of November.
