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2023
Exports $1.54BWorld Rnk 5 / 188
Flag Rnk 190 / 1217
2023
Destination $14.2M Canada
2022 - 2023
FASTEST GROWING MARKET $14.2MChina
2023
PRODUCT COMPLEXITY IN Wine-1.07Rnk 849 / 1025
2023
Imports $6.84BWorld Rnk 1 / 226
Flag Rnk 89 / 1215
2023
Origin $10.7M France
2022 - 2023
FASTEST GROWING ORIGIN $10.7MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.54B in Wine, making it the 5th largest exporter of Wine in the world. At the same year, Wine was the 190th most exported product in United States. The main destination of Wine exports from United States are: Canada ($421M), United Kingdom ($179M), Japan ($130M), France ($90.3M), and Germany ($75.5M).

The fastest growing export markets for Wine of United States between 2022 and 2023 were China ($14.2M), Ireland ($10.3M), and Singapore ($9.55M).

Imports In 2023, United States imported $6.84B in Wine, becoming the 1st largest importer of Wine in the world. At the same year, Wine was the 89th most imported product in United States. United States imports Wine primarily from: France ($2.53B), Italy ($2.16B), New Zealand ($608M), Spain ($382M), and Australia ($296M).

The fastest growing import markets in Wine for United States between 2022 and 2023 were Canada ($10.7M), New Zealand ($7.72M), and Mexico ($4.14M).

COMPANIES In 2023, leading companies such as Palm Bay International (1.92k), SAC (Société des alcools du Québec) (1.55k), and F&F Fine Wines (1.25k) were at the forefront of shipping Wine to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Wine exports accounted up to $104M and imports accounted up to $613M, resulting in a negative trade balance of $509M. Between November 2023 and November 2024 the exports of United States'   Wine have increased by $1.64M (1.6%) from $102M to $104M, while imports increased by $74.9M (13.9%) from $538M to $613M.

Destinations In November 2024, Wine were exported mostly to Canada ($47.1M), United Kingdom ($12.5M), Japan ($6.21M), South Korea ($3.82M), and Hong Kong ($3.15M), and were imported mostly from France ($237M), Italy ($213M), New Zealand ($33.3M), Spain ($32M), and Australia ($23.6M).

Growth In November 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to Canada ($6.83M or 25.1%), France ($3.34M or 207%), and Netherlands ($2.32M or 415%). In November 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from France ($29.2M or 17.7%), New Zealand ($22.6M or 34%), and Spain ($11M or 53.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.64M(1.6%)
IMPORT GROWTH (November 2023 - November 2024)$74.9M(13.9%)
MAIN EXPORTER (November 2024)California$110M
MAIN DESTINATION (November 2024)Canada$47.1M

This section shows Wine's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.54B
IMPORTS (2023)$6.84B
NET TRADE (2023)-$5.3B

In 2023, United States exported $1.54B in Wine. The main destinations of United States exports on Wine were Canada ($421M), United Kingdom ($179M), Japan ($130M), France ($90.3M), and Germany ($75.5M).

In 2023, United States imported $6.84B in Wine, mainly from France ($2.53B), Italy ($2.16B), New Zealand ($608M), Spain ($382M), and Australia ($296M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$14.2M (33.9%)
Ireland$10.3M (1.39k%)
Singapore$9.55M (43.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY United States WERE (2022 - 2023):
Canada-$55.1M (-11.6%)
South Korea-$38.9M (-38.3%)
United Kingdom-$37.9M (-17.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, United States's main importing competitors in Wine were:
United Kingdom $4.94B
Germany $2.94B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $39M
TOP IMPORT POTENTIALChile+ $61.3M

Wine’s highest export potential is Canada. With an export gap of $39M.   Wine’s highest import potential is Chile with an import gap of $61.3M.

See methodology.

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