New Zealand wine exports hit $2 billion

NZ wine bottles

International demand for New Zealand wine has surged over the past decade, with total export
value now reaching a record-breaking $2 billion, for the 12 months to October 2020, according to New Zealand Winegrowers.

Ten years ago, New Zealand Winegrowers predicted that New Zealand wine exports would double
and reach $2 billion in 2020. This forecast has come true – despite sometimes challenging vintages, recessions, and now a global pandemic.

This milestone reflects the appreciation that the world has for New Zealand wine, and reinforces
our international reputation for distinct, premium and sustainable wines,” said Clive Jones, Chair of
New Zealand Winegrowers.
This year’s export result means that there are millions of bottles of New Zealand wine displayed in
stores, in restaurants, or sitting on tables in dining rooms all around the world, proudly showing New
Zealand on the label and profiling our wine regions.”

“We are optimistic that demand for New Zealand wine will continue to grow in the year ahead, and then it will become a question of whether our supply can meet that demand. While Sauvignon Blanc remains our flagship export, consumers are continuing to explore the diverse range of wine varieties we produce, with Pinot Noir remaining our second most exported variety, and Rosé and Pinot Gris becoming increasingly popular.”

The impact of Covid-19 on the industry has been mixed, as different parts of the industry face a
range of opportunities and challenges. The increasing costs of production and a potential labour
shortage have also added pressure. “Exports to our key international markets have increased beyond expectations this year, but on the other hand, wine businesses that sell predominantly through on-premise and wine tourism have experienced significant challenges. Encouragingly in the domestic market, we are seeing people continue to buy and support local.”

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