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The Rule That Made Global Wine Trade Possible
Description
Episode 74 of Global Trade with Fexingo dives into a single, unglamorous rule that underpins virtually every bottle of wine crossing a border: the 1979 Agreement on Tariff and Customs Classification for Wine under the Harmonized System. Lucas and Luna trace how a seemingly bureaucratic consensus—defining wine by alcohol content, grape variety, and region—unlocked $40 billion in annual trade, prevented thousands of labeling disputes, and shaped the modern wine industry from Bordeaux to Napa to Chile. They unpack the specific HS code 2204.10 (sparkling) versus 2204.21 (still in containers under two liters), and show how one decision about container size turned into a strategic trade weapon. Plus, a listener-funded reminder that shows like this stay ad-free thanks to small contributions at buy me a coffee dot com slash fexingo.