U.S. Wine Exports Up 11% To $1.4 Billion In 2021May 18, 2022
U.S. wine exports rose 10.6% in value last year, resulting in $1.44 billion in total revenue, according to the Wine Institute. California wine represents 95% of all exported wine. Canada, the largest export market for U.S. wines with 35.6% market share, gained 11.5% in value over the prior year, while Mexico and multiple Asian nations showed double-digit gains. “Declines in markets such as the United Kingdom and European Union were driven by shipping challenges sparked by global supply chain issues,” the Wine Institute said.—Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
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