The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy of the Nation reports that Argentine wine exports grew 24% year-on-year during September, totaling 230,744 hectoliters, according to data processed by the Instituto Nacional de Vitivinicultura (INV).
The rebound was led by the bottled wine segment (+26%), while bulk shipments grew by 18%. At the product level, the extraordinary performance of bulk white wines stood out, with a jump of 329.4%. For its part, concentrated must consolidated its positive trend with an increase of 34.5% compared to the same month of the previous year.
Meanwhile, the accumulated volume between January and September confirms the growth trend, totaling 1,480,437 hectoliters (+3.2%). In the breakdown by categories, varietal-unspecified wines showed a strong increase of 42.2% and sparkling wines grew by 17.4%. In parallel, concentrated must reached 72,385 tons (+20.1%), generating foreign exchange for U$S105.4 million (+9.3%).
