2026-07-07
Argentina’s wine exports rose in the first half of 2026, helped by stronger shipments of bulk wine, sparkling wine and concentrated grape must, according to the latest report from the National Viticulture Institute, or INV.
From January through June, wine exports totaled 102.6 million liters, up 14.2% from the same period a year earlier. In value terms, exports of wine and must reached $392.5 million FOB, a 6.6% increase from the first half of 2025, the institute said.
The figures point to a recovery led by volume growth, with bulk wine playing a central role. Sparkling wine also posted a sharp gain, adding to a change in the export mix that could influence supply conditions and pricing in overseas markets where Argentine producers compete with other wine exporters.
June also showed continued momentum. Wine exports for the month reached 17.29 million liters, an 11.6% increase from June 2025. The INV said bottled wine exports rose 13.2% in the month, sparkling wine jumped 89.6%, and bulk wine increased 6.2%.
Concentrated grape must, another important export product for Argentina’s beverage industry, also extended its gains. June exports surged 89.5% from a year earlier. For the first six months of 2026, concentrated must exports totaled 48,601 tons, up 38.3% from the same period last year.
The new data suggest that Argentina’s wine sector entered the second half of the year with stronger foreign demand than it had a year ago, though export revenue grew more slowly than shipment volume. That gap may reflect pressure on prices or a greater share of lower-priced categories such as bulk wine, even as sparkling wines improved their position.
For beverage companies and importers, the numbers matter beyond Argentina itself. A larger flow of bulk wine and a rebound in sparkling exports can affect purchasing strategies and competitive pricing in third-country markets, especially in segments where buyers compare South American supply with offerings from Europe, Australia and Chile.
The INV, a decentralized agency under Argentina’s Secretariat of Agriculture, Livestock and Fisheries, said the first-half performance left the country’s wine industry on firmer footing after a weaker comparison base in 2025. The strongest support came from products that can move quickly in international trade when demand improves or when buyers seek flexible sourcing options.
Argentina is one of the world’s major wine-producing countries, and export swings are closely watched across the beverage trade because they can shape availability by category as well as margins for wineries, bottlers and distributors. The latest figures indicate that growth in 2026 has not been limited to one niche but has spread across bottled wines, sparkling wines and bulk shipments, while concentrated must has added another source of export income.