US wine exports are looking healthy in value terms

US wine exports are looking healthy in value terms

US wine exports are on track to hit another annual record after first-half figures showed a 6% rise in sales by value. 

The Wine Institute, citing figures from Global Trade Information Services, said 90% of exports were from California. However, in the six months to the end of June, volumes were down 1.4% to 214.8m litres. 

The San Francisco-based group has set set a goal of reaching $2bn in wine exports by 2020. “The six-month figures are on track to break export value records for the fourth-straight year,” it said.