$6.79 Billion Worth of Wine Imported into US in 2024

France and Italy account for 70% of total US spending on imported wine

Wednesday, February 12, 2025

Share it!

Wine imports in the United States ended 2024 with a slight increase in both value and volume, according to U.S. customs data. The growth was 1.6% in value, reaching $6.789 billion, and 0.1% in volume, with a total of 1.226 billion liters imported. The average price of imported wine stood at $5.54 per liter, reflecting a 1.5% increase from the previous year.

December saw a notable surge in wine imports, with a 23% rise in value and a 29.5% increase in volume. This trend may have been driven by U.S. importers anticipating potential new tariffs proposed by the Trump administration.

Among the different wine categories, bottled wine saw a 2.6% increase in value and a 5.4% rise in volume, reaching $4.787 billion and 684.1 million liters. Sparkling wine imports also grew, up 1.3% in value and 11% in volume. In contrast, bulk wine experienced a 12% drop in value and a 13% decrease in volume, while bag-in-box wine fell 6.7% in value but increased 2% in volume.

The U.S. imported wine from 73 countries in 2024, though purchases were mainly concentrated in France and Italy. France led in value, with $2.506 billion in imports, a 0.3% increase from 2023, followed by Italy with $2.253 billion, marking a 6.5% rise. Together, these two countries accounted for 70% of total U.S. spending on imported wine.

In volume, Italy was the largest supplier, exporting 353.9 million liters to the U.S., up 6.1%. Canada ranked second, despite a 9.4% decline to 203.8 million liters. France was third, with 171.9 million liters exported, a 7.2% increase from the previous year.

Spain ranked as the fourth-largest supplier in value, with $391.4 million in exports, a 7.4% increase. In volume, it placed seventh with 67.3 million liters, also up 7.2%. The average price of Spanish wine in the U.S. market was $5.81 per liter, above the overall average of $5.54. In absolute terms, the U.S. imported 4.5 million more liters of Spanish wine than in 2023, with an additional $27.1 million in spending.

Beyond France, Italy, and Spain, Argentina increased its wine exports to the U.S. by 3% in both value and volume. Chile also saw an 11% rise in volume, while Moldova recorded a sharp increase, growing from 2.1 million liters in 2023 to 49.6 million in 2024, an 799.5% jump. However, other suppliers experienced declines in their wine exports to the U.S.

Liked the read? Share it with others!

Cookies

We use cookies and other technologies to keep the site working, understand its use and offer external content. You can accept, reject or configure optional cookies.

Cookie policy