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News
New Zealand’s global exports rise by 8%
Exports of New Zealand wines around the world enjoyed healthy growth last year, rising by 8% to a record value of NZ$1.86 billion, according to New Zealand Winegrowers.
The US continues to be New Zealand wine’s largest market, worth exports in 2019 worth nearly NZ$600 million. Having built its reputation on premium wines, New Zealand remains the highest or second highest priced wine category in the US, UK, and Canada.
“Achieving yet another record level of wine exports is an outstanding achievement, and demonstrates the rising global demand for our unique and sustainable wines,” said Philip Gregan, CEO of New Zealand Winegrowers.
“Sustainability is an integral part of the New Zealand wine story. Ongoing focus and effort in areas where we can make a positive impact is critical to the future success of our industry,” he added.
New Zealand wine is exported to over 100 countries and is the nation’s seventh largest export good.
An in-depth focus on the latest developments in the New Zealand wine industry will appear in the March issue of the drinks business.