Wine & Related Products
U.S. Wine & Related Products Exports in 2023
Total Export Value
$1.23 Billion
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
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
On July 7, 2024, Chile’s new alcoholic beverages labeling law will come into force. The law aims to warn drivers, pregnant women, and minors about the impacts of consuming alcohol and to restrict the advertisements that could be directed to minors.
This GAIN-INDIA report is an addendum to FAS India's (New Delhi, Mumbai) (Post) GAIN-INDIA | IN2024-0012 | India’s Wine Product Labeling Requirements – Update 2024. Post sought out additional regulatory review, and has obtained a revised confirmation from the Food Safety and Standards Authority of India (FSSAI) that its Food Safety and Standards (Labeling and Display) Regulations now do not require an expiry date for wine products.
News and Features
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.