| Helped by Chinese imports, Australian wine exports have set new value and volume records in the 12 months ending April, 2007, reports theage.com.au .
Volume rose 12 per cent to 797 million litres and value grew 6 per cent to $2.94 billion, the Australian Wine and Brandy Corporation said.
In the same period, the US overtook Britain as the most valuable export market, buying $963 million of Australian wine, compared with Britain at $958 million. But Britain remained the main market by volume, taking 35 per cent, or 275 million litres, of Australian wine exports to 29 per cent, or 230 million litres, for the US .
The corporation's information and analysis manager, Lawrie Stanford, said China was a key contributor to growth in exports. "Volume (to China ) grew 16 million litres to reach 25 million litres, while value grew $28 million to reach $46 million," he said.
Of Australia 's top 15 export markets, Singapore , the Netherlands , Ireland , Belgium and Norway set new records for volume and value.
Source: http://www.theage.com.au |
