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July 2000
Wine Shipments Buoyed by Surging Exports
Wine Shipments Buoyed by Surging Exports
by David Goldman
Premium wine shipments have received an unexpected boost thus far this year from surging exports. Export shipments of packaged wines rose 17 percent to date in 2000 while bulk wine exports have surged 66 percent, according to Gomberg-Fredrikson.The rising export shipments support continued strong domestic demand. The Gomberg-Fredrikson index of 15 premium wineries shows a 9 percent rise for the year-to-date period, with both Robert Mondavi and Beringer Wine Estates growing considerably faster th...
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