«We had a difficult year 2012, mainly because of a sharp drop in production, but
trade flows mostly held stable,» OIV Director General Federico Castellucci told reporters, referring to total wine exports which were stable at 101 Mhl after a long - term upward trend.
To be sure, a weak dollar is a positive for exporters, though if our
trading partners retaliate with tariffs of their own,
trade flows could take a hit (I'm pretty skeptical of that outcome; so far, it's
mostly been bluster, noise, confusion, and uncertainty; not helpful, of course, but not macro-economically important... yet).