SAN FRANCISCO
The Wine Institute reports U.S. wine exports were up 6 percent by value in 2008, passing the $1 billion mark for the first time.
In figures released Wednesday, the San Francisco-based institute says winery exports also increased 8 percent by volume, to nearly 130 million gallons or 55 million cases.
Institute president Robert P. Koch said the wineries “have been able to adjust and remain competitive despite changes in U.S. dollar exchange rates and during strong and weak economic conditions.”
California wineries account for about 90 percent of wine exports.
