U.S. wine imports reach nearly $7.5 billion in 2021
In the United States, growing consumption of wine has contributed to an increase in wine imports, from 127 million gallons in fiscal year 2000 to 456 million gallons in FY 2021, reaching nearly $7.5 billion in value. Most wine imports come from the European Union (EU), accounting for 75 percent of the total value and 50 percent of the volume. Specifically, the top two countries of origin, Italy and France, each supplied about $2.5 billion in wine imports in FY 2021, although the volume from Italy was more than twice that of France because of its lower average price. In 2020, imports from the EU temporarily decreased in response to a 25-percent U.S. tariff placed in late 2019 on French, German, Spanish, and English wine that was lifted in early 2021. Until 2017, Australia was the third-largest supplier, providing as much as 21 percent of U.S. imports of wine, although that decreased to just 4 percent in 2021 following a prolonged drought and ongoing shifts in global markets. During this time, New Zealand’s share grew to 7 percent. South America, mainly Argentina and Chile, supplied as much as 15 percent of U.S. wine imports in 2012 but now provides less than 7 percent. U.S. wine imports are projected to increase to $7.7 billion in FY 2022. While the United States is a net importer of wine, it exported $1.5 billion in 2021 to destinations including Canada, the United Kingdom, and Japan. This chart is drawn from the Outlook for U.S. Agricultural Trade, published by USDA’s Economic Research Service, February 2022.
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