AUSTRALIA: Exports continue to surge
Australian wine exports reached new highs in value and value for the year ended January 2003, according to latest figures from Wine and Brandy Corporation.
Volume grew 25% for the year to January 2002, according to the Corporation, which issues year to year figures on a monthly basis. A total of 474m litres was sold for an average A$4.87 a litre (US$2.92).
Value rose 31% to reach A$2.31 billion. The UK continues to be Australia's biggest customer though the percentage actually fell 3% in volume to 46%.
This was in part because sales to the US surged ahead with a 56% rise to 122m litres and 68% by value to A$754m. Canada was in third place.
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