Australian Wine Soars, French Wine Slides

Australia’s exports of wine soared in 2003 to record levels despite one of the worst droughts ever.
Overseas sales jumped 24% in the year to June 2003, government figures showed, taking total exports to 2.1bn Australian dollars (US$1.65bn).
The rise in exports to 518 million litres occurred despite lower production than in the previous year.
In contrast, French winemakers are suffering from sliding sales both at home and abroad.
Wine industry leaders are meeting.

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