Argentine wine exports grow 51%

Argentine wine exports follow a worldwide consumption trend and exploded amid the COVID-19 pandemic. In the first half of the year, external shipments in volume grew 51.9%, with increases of 3.1% in fractionated and 153.9% in bulk wines, according to data anticipated by the National Viticulture Institute (INV). In turn, the must expanded by 15.6% year on year in the same period. Throughout 2019 (January to December), sales to the world of Argentine bottled wines accumulated an increase of 3.3%, while bulk wines grew 36.4% per year and grape must or concentrated juice grew 32, 1%. After growing 5.1% throughout 2019, shipments of fractionated wine to the domestic market continue the recovery trend, even in the current context of the pandemic, and ended the first half of 2020 with an increase of 6.9 % compared to the previous year. accumulated (January-June). “Viticulture is a privileged activity because, thanks to joint institutional management and the action of the provincial and ...