Exports of wine and spirits up 10% in 2014, to US$40 million

Overall annual sales of Israeli-made wine reached US$220 million
01.03.15 / 11:21
Exports of wine and spirits up 10% in 2014, to US$40 million
01.03.15
Exports of wine and spirits up 10% in 2014, to US$40 million

The Israel Export and International Cooperation Institute reported that Israel’s wine industry continued its upward trend in 2014.

 

Overall annual sales of Israeli-made wine reached US$220 million. Exports of wine and spirits rose 10% last year to US$40 million. The Israel Export and International Cooperation Institute attributes the rise in wine exports to growing demand in North America, Europe and Asia.

 

In 2014, 58% of wine exports amounting to US$23 million (US$20 million to the US) went to North America, US$13 million (up 12%) to Europe and US$2.2 million (up 27%) to Asia.

 

In Europe, France is the biggest market for Israeli wine. Most Israeli wine exports are bought by the Diaspora Jewish kosher market. Israel Export and International Cooperation Institute figures show that wine and spirits exports have grown consistently over the past five years, having more than doubled from US$19 million in 2009. Israel has 250 wineries of which 50 operate commercially.