Australian wine exports boosted by UK surge
A surge in exports to the United Kingdom has underpinned a new 12-month record for Australian wine exports.
Australia exported $3.04 billion (1.343bn) worth of wine in the year ended October, the Australian Wine and Brandy Corporation has said.
This is a 10% increase on the corresponding period last year, the AWBC's October wine export approval report showed.
The UK market remained Australia's most lucrative with exports valued at $982 million (434.13).
Some 291m litres of Australian wine was exported to the UK in the 12 months to the end of October.
The United States (216m litres valued at $953 million (421.27m) was the second biggest market, followed by Canada (51m litres valued at $287 million (128.86m).
New Zealand $103m (45.53) was rated the fourth most valuable market with Ireland and the Netherlands equal fifth, both at $75 million (33.16m).
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