Record Austrian exports defy forecast (Austria)

Austrian wine achieved record exports of €126 million last year, despite a 25% drop in volume. Latest figures from Statistik Austria reveal that, despite exports falling to 46.5m litres in 2011, the country achieved a 2.6% increase in value exports. This resulted in a surge in Austria’s average price from 2010’s figure of €1.98/litre to €2.71/litre in 2011, reports The Drinks Business.