NZ winemakers chart growth beyond Australia

NZ winemakers chart growth beyond Australia

WELLINGTON – New Zealand’s wine industry is looking beyond its biggest export market Australia as the “kiwi” dollar’s unprecedented strength against its Australian counterpart dents export earnings from the island nation’s closest trading partner. Australia sources more than half of its foreign wine from New Zealand. The popular Marlborough Sauvignon Blanc dominates around 70 percent of Australia’s Sauvignon Blanc market.

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