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Wine News

New Zealand wines thriving in the USA

New Zealand wines are taking on the US with the minnow now the 3rd biggest exporter by value. New Zealand produces less that 1% of the world's wine, about the same amount as the Alsace region. But the quality is excellent and, while the wines are not cheap, they often provide excellent value. These characteristics of premium wine at great value prices mean that New Zealand is now the US third biggest exporter by value, behind France and Italy.
In the UK, New Zealand holds the position of the highest average bottle price sold in shops at £7.13/btl, ahead of France at £6.88. In restaurants New Zealand and France swap places, with France at an average bottle price of £21.89 against New Zealand at £20.81.