Australian wine sales abroad have been decreasing along the last eleven months, losing 13 % in volume, from 8 to 7 million hl by the end of July 2008. In value, sales have shrunk 12 %, down to 1,6 billion euros. The two main export markets of Australia, the UK and the US, have narrowed down by respectively 25 and 9 %, mainly due to a tax raise on the British market and the currency impact. In the meantime, such new markets as Denmark, China, the Netherlands, Hong Kong and Singapore, have progressed significantly.

[ Source  the Herald Sun ]