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Blue-chip Spain: Bottles on the Place de Bordeaux

It's been a long time coming, but Spain finally has an increasing presence on La Place de Bordeaux, the renowned marketplace for fine wines. Our expert explains why its top names were so late to the party, and highlights some of the best new releases to look out for, from Rioja, Ribera del Duero and beyond.

For centuries, the most complex and efficient fine wine market system has been La Place de Bordeaux. From its very inception, about 800 years ago, La Place was international, with Anglo-Saxon and Scandinavian players operating from a French hub, which for a time was English (from the 12th to 15th centuries).

La Place is a smart system with three tiers: producers, négociants (trade) and courtiers (middlemen who provide trusted reference – the most important feature in any efficient market). Indeed, it deals with the most impressive distribution network in the world, involving more than 10,000 importers in 170 countries.

Scroll down to see Pedro Ballesteros Torres MW’s pick of eight Spanish wines on the marketplace

For several centuries, La Place was focused on Bordeaux wines, to such an extent that nowadays it manages over 70% of Bordelais wine exports. In the 1990s, some Bordeaux top producers decided to make fine wines overseas. La Place was the obvious way to sell them, offering a win-win approach, as it could benefit négociants, too.

Pick of La Place: Eight Spanish wines on the marketplace

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