ARGENTINA: Wine exports leap in first half - figures
Wine exports from Argentina soared by over a quarter in the first half of this year, according to recent figures.
A report from local wine market analyst Caucasia Wine Thinking, released yesterday (13 August), has noted that the value of wine and must exports from the country in the first six months of 2007 rose by 27% on the corresponding period a year earlier, totalling US$283m.
In volume terms, exports were up by an equally impressive 30% to 213m litres.
The analyst forecast wine and must exports for the full year to come in at around $620m. Wine exports alone are expected to reach $400m for 2007.
Having seen Chile blaze a trail in export markets, Argentina is now asserting itself in the international wine market. Moreover, writes Chris Losh, while Argentina boasts many of the same positive att...
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