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Aussie wine sets sights on US market resurgence as global export growth continues

Australia's international wine exports continue to surge, with the latest export figures hitting the highest growth in 15 years.

New data from Wine Australia shows the overall value of exports rocketed 20 per cent in the 2017–18 year to reach $2.76 billion.

The volume of Australian exports also increased 10 per cent to 852 million litres in the same time frame, with China again making the largest strides.

Federal Assistant Agriculture Minister, Senator Anne Ruston, said Australia's push to produce higher value drops was paying off.

"It takes us back to the halcyon days of the 90s and early 2000s when the wine industry could do no wrong,"Senator Ruston said.

 

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(ABC NEWS – 24/07/18)