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.
Shoppers in Canada now have more options when it comes to selecting a beverage for toasting and ringing in the new year. With the support of USDA Market Access Program funds, the New York Wine and Grape Foundation worked with the Liquor Control Board of Ontario to pop the cork and open the wine market just north of the border to New York State.
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a trade mission to Santiago, Chile.