A big jump in Australian wine exports is being hailed as a win for the industry, with benefits flowing across the State’s winemaking regions. According to a new Wine Australia report, 61 per cent of Australian wine is exported, with 21.8 million glasses enjoyed abroad every day.
This is a fantastic result for communities in the Riverina and the Hunter, which are benefiting from policies put in place by the Nationals in Government at a State and Federal level; policies that promote farming, business and employment.
Grape growers and wine makers have welcomed the report that showed values and volumes significantly improved, with the value of wine exports up 20 per cent to $2.76 billion and export volumes up 10 per cent to 852 million litres—a new record. Exports to northeast Asia led the way, growing by 51 per cent to $1.2 billion. Other regions that experienced encouraging growth included:
- Europe, by 7 per cent to $608 million
- Southeast Asia, by 3 per cent to $168 million
- Oceania, by 15 per cent to $99 million, and
- the Middle East, by 39 per cent to $30 million.
The top 5 markets by value in 2017–18 were:
- China, including Hong Kong and Macau (40 per cent of export value)
- USA (15 per cent)
- United Kingdom (14 per cent)
- Canada (7 per cent), and
- New Zealand (3 per cent).