Wine in   United States

Overview In January 2024 United States' Wine exports accounted up to $70.8M and imports accounted up to $520M, resulting in a negative trade balance of $449M. Between January 2023 and January 2024 the exports of United States'   Wine have decreased by $-24.7M (-25.9%) from $95.5M to $70.8M, while imports decreased by $-50.3M (-8.82%) from $570M to $520M.

Destinations In January 2024, Wine were exported mostly to Canada ($25.1M), Japan ($7.44M), United Kingdom ($5.54M), China ($4.39M), and South Korea ($4.04M), and were imported mostly from Italy ($160M), France ($154M), New Zealand ($83.2M), Spain ($30.7M), and Australia ($28.2M).

Growth In January 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to Nigeria ($-6.05M or -97.9%), Hong Kong ($-5.81M or -40.8%), and South Korea ($-2.86M or -43%). In January 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from Italy ($-8.57M or -5.2%), South Africa ($-2.98M or -32.9%), and Argentina ($-2.48M or -11.9%).