Mar 15 2007
California wine exports up
The Silicon Valley / San Jose Business Journal reports that wine sales are up: “U.S. wine exports, 95 percent from California, totaled $876 million and 404.5 million liters in 2006, an increase of 30 percent in value and 4 percent in volume compared to 2005, according to the Wine Institute International Department… ‘The dramatic sales growth in 2006 must be placed in perspective as it follows a decrease in 2005 compared to the 2004 shipments,’ said Joseph Rollo, Director of the Wine Institute International Department, in a news release. ‘Nonetheless, the long-term trend of California wine exports shows steady expansion in all major markets and growth in new, undeveloped markets. The 2006 number represents a 59 percent increase in exports by value in the last decade’.”