30 September 2025
By Arabella Mileham in Drinks Business
Image by NZ Winegrowers
New Zealand saw the value of its wine exports fall marginally to NZ$2.10 billion (£0.91 bn) despite a 5% growth in volume over the last 12 months, on the back of “sluggish” sales to established markets.
The value of its exports fell by less than 1%, the latest report by Wines of New Zealand said, with its key established markets (the UK and Australia and US make up over 70% of the country’s exports) showing sluggish growth. The US, which remains New Zealand’s largest market, saw exports fall 3% in the last year to NZ$762 million (US$441 million) – even before the effect of the tariffs imposed in April, and increased in August, could be seen in the export data. [READ MORE…]