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Australian wine exports value surges to $2.1 billion

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The value of Australian wine exports has surged 14 per cent to $2.1 billion in 2015, the highest value since late 2007. The annual export report by the statutory authority Wine Australia tracks Australian wine exports globally.

The latest report indicated nationally there was growth in each of the top 15 export markets, the first time this has happened since the authority started taking records in 1990.

In Western Australia, exports were down 5 per cent on 2014, but were valued 5 per cent higher at $38.5 million. The big success story for local production was the growth of Great Southern exports, which increased in value by 26 per cent.

The China Free Trade Agreement commenced at the end of the year so the impact of those tariff reductions is still to flow through, so that shows there will be a further increase in exports to China.