5 Countries That Produce the Best Wine in the World

3. Kingdom of Spain

Wine Exports as of 2021: $3.48 billion

The Kingdom of Spain is a European country that traces its roots as far back as 42,000 years ago. It has one of the world’s largest economies, worth $2.2 trillion. Spain is one of the largest wine producers in the world, and it also has the largest planted region in the world. The Spanish wine industry is mostly private, and old players that are family owned dominate the industry. Some of these big ticket names are Grupo Freixenet, Grupo Codorníu, Grupo Codorníu, and J. García Carrión. All of these have revenues in hundreds of millions of dollars. Additionally, a publicly held Spanish wine company is Bodegas Riojanas, S.A. (BME:RIO.MC) with a EUR17.9 million market capitalization.