Australian wine export values surge 20 per cent in 2017-18
24 July 2018
Australian wine export values and volumes have significantly improved, with the value of wine exports up 20 per cent to $2.76 billion and export volumes up 10 per cent to 852 million litres—a new record.
Assistant Minister for Agriculture and Water Resources, Senator Anne Ruston, welcomed the growth in the Wine Australia Export Report, released today.
"Wine regions across Australia are benefiting from growing export opportunities," Minister Ruston said.
"They are a win for the wine industry and a win for regional Australia. The Turnbull Government continues to back business to invest and create more jobs."
Minister Ruston said it is the highest rate of growth in the value of wine exports in 15 years.
"The fact that both value and volumes of wine exports are growing, with values growing at twice the rate of volumes, shows that our international customers value our quality wines," she said.
"From grape growers to winemakers there has never been so much support from an Australian Government with the Coalition's $50 million Export and Regional Wine Support Package really starting to pay dividends.
"Australia's free trade agreements are also opening up new market opportunities for our world famous wines. The market in China is continuing to expand with the value of wine exports up 55 per cent to $1.12 billion and volume up 47 per cent in the year to June 2018."
For more detail about Wine Australia's Export Report visit: www.wineaustralia.com