America`s 2012 wine exports hit record level

The Wine Institute on Thursday said US wine exports made a record $1.43 billion in revenue last year, posting strong growth for the third year in a row, according to the Associated Press.

“We’ve seen a big demand,” said David Gates of Ridge Vineyards in California — a state that accounted for 90 percent of America’s wine exports. “And as demand has picked up, we pushed a little harder into the more developing markets, the biggest one being China,” he told AP.

Sales to China hit $74 million last year, said AP, but the biggest purchaser of California wine was the European Union at $485 million. Sweden alone put away nearly 17 million bottles of mostly red California wine last year, said the institute. Demand from Canada came in at a close second, with $434 million. In third place, interestingly, was Hong Kong at $115 million, a figure that ranked high despite seeing a 30 percent decline in demand, said the group.


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