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2019 Unified Wine and Grape Symposium

America’s $3.77 Billion Wine Trade Deficit

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Source: OIV 2015

$3.77 Billion Wine Trade Deficit

In 2014, The United States was the world’s largest importer of wine, spending €4.03 Billions.

The Euro averaged somewhere above $1.33 for 2014 which means that the United States imported wine worth more than $5.36 billion.

By contrast, the United States exported wine worth $1.49 billion making for a wine trade deficit of more than $3.77 billion.