New Zealand wine exports up “subdued” 5%

New Zealand’s wine exports have seen “subdued” volume growth of 5% over the last 12 months, new data from New Zealand Winegrowers have revealed. According to the regional wine association, which represents nearly 90% of total New Zealand wine sales, there was a slight decline in value of less than 1% to NZ$2.10bn ($1.2bn) over the last year. In its latest annual report, the trade body claimed that the strongest growth in the past year has come from emerging export destinations, where shipments to China g ...