U.S. wine exports increased in 2012

Industries

Monday, February 25, 2013

U.S. wineries set a record for exports last year with $1.43 billion in revenues, up 2.6 percent on a yearly basis, and the third consecutive year that the value of wine exports has increased, according to the San Francisco-based Wine Institute. Ninety percent of those exports were from California. The volume of wine shipments reached 424.6 million liters or 47.2 million cases. The industry's export revenue increased despite a 4.9 percent drop in shipment vol...

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