Wine exports drop five per cent

A drop in bulk wine shipments has contributed to a five per cent fall in Australian wine exports in the year to the end of February.

Some 749 million litres of wine was exported in the 12-month period, valued at $2.9 billion.

Bulk wine exports dropped 25 per cent in the year to the end of February this year, but bottled wine shipments rose five per cent.

The United Kingdom remained the largest and most lucrative market, taking 280 million litres of wine valued at $949 million.

The United States was second (192 million litres valued at $862 million), followed by Canada (49 million litres at $282 million).

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