Argentine Wine Exports Up In 2009

Figures from trade organisation Wines of Argentina suggest that exports of Argentine wine increased 4.0% by volume and 9.5% by value during 2009 despite many key export markets being in recession. According to the organisation, wine exports were worth US$584.5mn during the year compared to US$534mn in 2008. Exports to the US were up by 30% while exports to Canada grew by 37%. Growth in these two regions helped offset a decline of 9% in exports to the UK. This growth, at a time when many of the world's most important wine markets are stagnating due to a reduction in

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