Wine Australia will be working hard to improve producer access to the United States, as exports continue to slide in the industry’s most valuable market.
The Wine Australia export report for the 12-months to June this year shows that exports rose overall in both value and volume by 5 per cent. It is the first time that export value has risen on a financial year basis since 2006/7.
Exports to Asia increased by 26 per cent to a record $600 million, but exports fell in three of the largest markets for Australian wine – the UK, US and Canada.
The value of Australian wine exports to the US fell by 8 per cent in the past 12 months, but it remains the most lucrative market for Australian wine, worth $415 million a year.
Australian wine had its biggest surge in value in the Chinese export market, with 32 per cent growth.