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Tuesday 13 May 2008 
Austrian wine exports soar

Exports of Austrian bottled wine jumped 30% in 2007. Austria exported 35,8 millions litres of wine valued at €91,8m in 2007, up from the 28,6 millions litres worth €69,4m in 2006. (Source: Decanter.com)

Tuesday 13 May 2008 
US is leading importer of Chilean wines ahead of UK

In the first two months of the year, the US imported Chilean wines worth €8 million, while UK bought €7.6 million worth. (Source: VSB)

Tuesday 13 May 2008 
The USA : stepping up of mandatory mentions on wine labels

The American administration will make it required over the next few years to indicate content in alcohol, calories, proteins and fats of wines. The American wine sector has expressed is concern about the form of this labelling, the way the alcohol content is to be indicated and the cost of the measure (Source: EuroWine).

Wednesday 07 May 2008 
Chile’s Concha y Toro to invest $60 m in 2008

Chile’s leading wine exporter planned to invest $60 million in 2008, mostly to acquire and develop vineyards and boost capacity. Concha y Toro had 2007 profit of $68 million, nearly double the year ago. (Source: Reuters)

Wednesday 07 May 2008 
New Zealand: new record for wine exports

New Zealand’s wine exports have reached a new record level with wine export revenues increasing 16% to NZ$766 million in the year to March 2008. The continuing growth of wine exports reflects strong demand for New Zealand wines, and confirms its status as world class producer of Sauvignon Blanc, Pinot noir and Chardonnay. (Source: New Zealand Winegrowers)

Wednesday 07 May 2008 
French Federation of Wine and Spirits Exporters elects its new President

Claude de Jouvencel, Deputy General Manager of the cognac producer Société des Produits Marnier Lapostolle, 90% of whose sales are exported, has been elected as President of the French Federation of Wine and Spirits Exporters (FEVS). He takes over from Philippe Casteja, President of Borie-Manoux, who came to the end of his 3-year term. Claude de Jouvencel declared that he had “firmly decided to maintain and develop activities aimed at strengthening the performance of French exporters”. FEVS has a membership of 550 companies. (Source: Vinexpo)

Tuesday 06 May 2008 
Russia: growth of wine sales at the expense of vodka

This year, in January and February, Russians bought nearly 25% more wine and 5% less vodka than in the same months of 2007. In value term, wine turnover stood at over 560 million euros for the two months, still almost three times less than the turnover of vodka. (Source: Wine Business International)

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