Argentina's wine exports to the US increased by nearly 30% last year, making it the only country to boast improved sales in 2008.
According to figures released by the US Department of Commerce, Argentinian wine exports grew 29% in value and 13% in volume on 2007.
In contrast, Australian exports to the US dropped by about 9% over the same period.
Total wine imports by the US stagnated in 2008.
James Forbes, UK Director of Wines of Argentina, said there was a similar pattern in the UK, which has seen 20 months of consecutive growth. He said Argentinian wines were gaining popularity in the premium on-trade and specialist wine sectors.
The Argentinian wine market is predominantly domestic, with only 17% of wine produced being exported.
Have your say... To post your comment on this story, email us at news@decanter.com, making sure the relevant headline is in the subject field
http://www.manfatta.com/wineblog/2009/01/us-wine-imports-2008-spain-maintains.html
Carrie Jorgensen, Cortes de Cima, Vidigueira, Portugal
Register on decanter.com absolutely free for news alerts delivered direct to your email inbox, and our fortnightly newsletter with advance notice of what’s coming up in Decanter magazine, offers, competitions and more.
PLUS registration is a one-stop shop for the Decanter magazine Archive and Decanter Fine Wine Tracker.