Wine & Related Products
U.S. Wine & Related Products Exports in 2023
Total Export Value
$1.23 Billion
Total Volume
--- Metric Tons
3-Year Average
$1.39 Billion
Compound Average Growth
-1.92% (2014-2023)
Market | Total Value (USD) |
---|---|
Canada | $442.96 Million |
European Union | $153.26 Million |
United Kingdom | $144.1 Million |
Japan | $89.62 Million |
South Korea | $67.76 Million |
China | $63.86 Million |
Hong Kong | $38.72 Million |
Mexico | $26.03 Million |
Dominican Republic | $24.68 Million |
Singapore | $17.34 Million |
Data and Analysis
U.S. agricultural exporters of consumer-oriented products are well-positioned to increase sales to Guatemala. In 2023, U.S. consumer-oriented export values reached a third-consecutive record on 15 percent growth from the previous year (Figure 3).
Korea’s wine import sector has been undergoing a stabilizing phase since the explosive growth around 2021. In 2023, wine imports reached 506 million USD, down 12.9 percent from the previous year, totaling 56.5 million kg, a decrease of 20.4 percent compared to 2022.
Wine grape production in 2025 is forecast to improve by five percent on favorable winter conditions, which will translate into a slight increase in wine production.
News and Features
U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor today announced the availability of funding for the first five projects under the new Assisting Specialty Crop Exports (ASCE) initiative.
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a trade mission to Santiago, Chile.
Regardless of where you live or what language you speak, treating that special someone in your life to delicious food is a universal act of love. If you are looking for ideas on how to show your love this Valentine’s Day, look no further. The U.S...