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Sunday, March 01, 2009

U.S. Wine Exports Top $1 Billion

According to the Wine Institute, wine exports from the U.S. topped $1 billion for the first time ever in 2008.

The trade group representing California wineries said export revenues were up 6 percent, hitting $1,008,259,000. The volume of wine shipped outside the country was up 8 percent to 55 million cases.

About 90 percent of U.S. wine exports come from California. The U.S. represents 6 percent of the global wine export market. About half of the wine exported by the U.S. ends up in the European Union. Canada and Japan are the next two largest markets for U.S. wine.

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