Knowledge Problem

New Zealand Wine: Speaking of International Trade …

Lynne Kiesling

… as Tyler Cowen was yesterday, today we hear news that in the year ended June 30, New Zealand’s wine exports hit a record high. The grape harvest grew 11 percent and the value of wine exports grew 18 percent. NZ winemakers expect this trend to continue. Also interesting is the shift in the composition of the sales, with pinot noir now in second place behind sauvignon blanc, outpacing chardonnay for the first time.