Italy Loses Top Spot as U S Exporter to Australia
Staff Writer - Source: Italian Wine & Food Institute - August 28, 2004

According the report released by the Italian Wine & Food Institute on August 26, Italy lost the top spot as US wine exporterduring the first half of this year.

  US Import

Italy was still at the top at the end of May, but Australia had exported more wine to the United States by the end of June, knocking Italy from a top spot it had held since 1974.

According to the local press, wine imports from Australia in the six-month period from january 1 to June 30, 2004 totaled 887,000 hectoliters, while Italy exported a total of 864,000 hectoliters in the same period.

France came in a distant third with 362,000 hectoliters, while Chile ranked fourth with 250,000 hectoliters.

Italy is still number one in earnings though, but the unfavorable exchange rate between the Euro and the dollar is hurting the quantity of wine imported, said the Italian Wine & Food Institute.


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