Wine exports on the rise

Wine exports increased by 6.4 per cent in volume and by 10.5 per cent in value in the 12 months to September, says rural lending specialist Rabobank. Exports in September fell by 5 per cent in volume but increased by 12.2 per cent in value compared with the same month last year, illustrating the support that the short 2015 harvest and lower New Zealand dollar is providing to pricing, the bank said.