1 The Economics of the Wine Industry in
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...... The US ranked fourth among wine producers in the world with exports at 350 million liters and worth $614 million, according to 2005 statistics (Geisler 2006). Most of it went to the United Kingdom and was worth $150 million and $128 million to Canada. The rest went to countries, including Japan, the Netherlands, and Italy. These wine exports accounted for 95% of the total exported wine from the US, originating from California. These were Californias third most important agriculture products, the first being almonds and cotton. Records, however, stated that the US imported more wine and wine products than it exported. In 2005, it imported wine grape products at $3.7 billion, mostly from France, Italy and Australia. In 2005, the average California processed red wine grapes per ton was $633.48, white wine grapes at $506.37 per ton and the average price for all varieties per ton was $532.78 (Geisler)
The US wine, grape and grape products industries contributed $162 billion to the economy, according to the Congressional Wine Caucus of 182 senators and representatives with interest in these industries (Insel et al 2007). This was the conclusion arrived at by the study conducted by the US Forest Service and
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