About the report
The Australian Wine Export Report produced by Wine Australia, is a summary report and analysis of total exports of Australian wine. It includes highlights of the latest export volume and value statistics by destination market, container type and variety.
The report is updated quarterly. Reports from previous quarters are also available. See also the Australian wine export monitor.
Export Summary
In the 12 months to March 2024, Australian wine exports declined by 1 per cent in value to $1.88 billion and 2 per cent in volume to 611 million litres. The average value of exports increased marginally by 0.4 per cent to $3.07 per litre free on board (FOB).
The figures reflect a relatively stable export performance in recent times. Over the past 12 months, growth in some markets in Asia and Europe has been offset by a decline in exports to North America and, to a lesser extent, other destinations in Asia. The largest drivers of value growth in the past 12 months were Hong Kong, New Zealand, and the United Kingdom (UK), while exports to Canada, the United States of America (US), Singapore, South Korea, Indonesia, and Malaysia declined.
In the 12 months ended March 2024, exports of Australian unpackaged wine (shipped in bulk to be packaged in market) grew by 1 per cent in volume to 422 million litres (a 69 per cent volume share) and declined by 3 per cent in value to $471 million. The average value of unpackaged exports declined by 5 per cent to $1.12 per litre. Volume growth was driven by shipments to the UK, Canada, and Belgium, while some of this was offset by declines in unpackaged exports to the US, France, and Denmark. Meanwhile, packaged exports declined by 8 per cent in volume to 189 million litres (a 31 per cent volume share) but remained stable in value at $1.41 billion. This was due to growth in the average value of packaged exports – up 8 per cent to $7.43 per litre.
In the 12 months to March 2024, Australian exporters shipped wine to 114 destinations, down from 118 in the previous year. Fifty of these grew in export value. Of the top 15 destinations by value, the UK, Hong Kong, New Zealand, and Japan recorded value growth.
Asia is the largest region by value for Australian wine exports, with a 36 per cent value share. Strong growth in Northeast Asia (up by 29 per cent and driven by Hong Kong) was tempered by a decline in the value of exports to Southeast Asia (down 15 per cent and driven by Singapore, Indonesia, and Malaysia) during the period. In North America (27 per cent value share), both the US and Canada declined. Pleasingly, performance in Europe (29 per cent value share) is looking better than previous periods – with recovery in exports to the UK being counteracted by ongoing declines to other destinations in the region.
Download the Export Report MAT March 2024
To explore the export data yourself, please visit the Export Dashboard