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Wine exports exceed $1.3 billion

Wine exports exceed $1.3 billion

The latest Statistics New Zealand data shows New Zealand wine exports have exceeded $1.3 billion for the first time.

"The very robust export performance over the past 12 months reflects the continued demand in key markets and increased availability of the wine from the 2013 vintage. We expect further strong growth in the year ahead when the 2014 vintage wines are released" said New Zealand Winegrowers Chief Executive Officer Philip Gregan.

Wine exports are at $1.32 billion up 9.2% for the year 31 March 2014. Wine is currently New Zealand's 8th biggest goods export. Wine exports have increased by $1 billion in the last 10 years.

-ENDS-

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