Argentina’s wine exports fell 14.9% in the third quarter.

Argentina’s wine exports fell sharply in the third quarter of 2026, hit by weaker global demand, lower international prices, and transport problems tied to closures in the Andes border corridor, according to figures reported by Sitio Andino.

Between July and September, Argentine wine exports dropped 14.9% from a year earlier in volume to 45.7 million liters. In value, the decline was steeper, at 16.4%, leaving total export revenue at $155.7 million. The larger fall in revenue than in volume points to price pressure in foreign markets at a time when wineries are already dealing with higher operating and logistics costs.

The downturn reflects several problems hitting the industry at once. One of the most immediate has been the closure of routes across the Cordillera, the mountain range that forms much of Argentina’s border with Chile. Those disruptions have slowed freight movement and made foreign shipments more expensive and less predictable. For wine exporters, delays can affect delivery schedules, storage planning, and commercial commitments in overseas markets.

The logistics issue comes on top of a softer international market. Sitio Andino reported that wine consumption has been declining globally, a trend that is affecting Argentina along with other producing countries. Lower demand has contributed to excess supply in some markets, which in turn has pushed prices down. For Argentine wineries, that means selling into a weaker market while also facing more pressure on margins.

Price data show that squeeze clearly. From January through September, the average export price of Argentine wine fell 7.6%, according to the report. That decline matters because even when producers manage to move product abroad, each shipment is bringing in less money than it did earlier. The combination of lower prices and lower volume is reducing foreign income for wineries and growers at the same time.

The pressure is especially important in a country where wine is a major agricultural export and a central industry in provinces such as Mendoza and San Juan. A sustained fall in export revenue can affect vineyards, bottling plants, transport providers, and local employment tied to the wine business. It also has broader implications for the beverage sector, because it shows how a major exporter is being squeezed by weaker consumption, lower prices, and logistics bottlenecks. That mix can influence investment decisions, pricing strategies, and export planning across wine and, potentially, other beverage categories that depend on foreign markets and efficient cross-border transport.

The current decline also points to a more competitive international environment. When global consumption weakens, buyers have more leverage and suppliers compete harder on price. That can hurt exporters such as Argentina that need to preserve market share while protecting profitability. If transport disruptions continue, the country’s producers may face an added disadvantage against rivals with smoother access to ports or lower freight costs.

Analysts cited by Sitio Andino said the industry needs to respond by diversifying export destinations and strengthening the quality and promotion of Argentine wine abroad. Those steps are often seen as necessary when traditional markets slow and prices weaken. Expanding into more destinations can reduce dependence on a small number of buyers, while stronger branding may help some producers defend prices in crowded segments.

Even so, the report said any recovery will depend in part on factors outside the control of local wineries. A rebound in world wine consumption would help ease the current oversupply, and more stable trade and transport conditions would reduce delays and extra shipping costs. Until then, Argentine producers appear to be navigating a difficult period in which they must sell into a softer market while dealing with lower returns on each liter exported.