Wine exports are expected to exceed growth forecasts for the 2019 export year, according to a recently released report.
Modest growth for New Zealand wine exports was expected to continue over the rest of the calendar year 2019.
Early this year, wine import growth continued the slowdown seen in 2018 for both the US and China, while Brexit has been thrown a lifeline, for now,” said Horticulture and Wine Senior Analyst, Hayden Higgins.
He said New Zealand’s export value and volume is expected to exceed 2019 forecasts.
