New Zealand Winegrowers reports bumper 2025 harvest with exports up 5% by volume but value down

About 90 percent of the wine produced in New Zealand was exported to more than 100 countries. Photo: RNZ
About 90 percent of the wine produced in New Zealand was exported to more than 100 countries. Photo: RNZ

Nona Pelletier, RNZ | 30 September 2025

The value of wine exports has dropped slightly over the past year, though volumes remain strong with an exceptionally large 2025 harvest to drive growth.

NZ Winegrowers annual report indicates exports rose 5 percent by volume in the year ended June, though the value of exports was down slightly at $2.10 billion.

Association chair Fabian Yukich said there had been strong export growth to Asian markets over the past year, though the value of exports to the major United States market fell 4 percent to $762 million.

About 90 percent of the wine produced in New Zealand was exported to more than 100 countries.

Shipments to China grew 47 percent to $56m, while exports to South Korea lifted 92 percent to $44m.

Overall exports to second-tier markets, which excluded UK, USA and Australia which together accounted for 70 percent of exports, rose 17 percent in the past 12 months to just under $600m.

“According to market researcher IWSR, lighter refreshing styles are outpacing overall wine category performance,” Yukich said.

“This shift is driven by varietals with more refreshing palate profiles, which New Zealand excels in delivering.”

However, he said the industry was facing a number of challenges, with uncertainty around the long-term impact of tariffs on demand for New Zealand wine in the United States.

“While the increased tariffs have been in place since April, with a further increase in August, it is not yet possible to discern the effect of these in the export data.”

Vintage 2025

The 2025 vintage was unusually large with positive weather conditions bringing warm, dry days and cool nights, producing a high-quality harvest, though a lot of grapes were left on the vine.

Winegrowers chief executive Phillip Gregan said the grape yield was exceptional with the volume far exceeding the industry’s ability to process.

“The weather was so fantastic for grape growing that crop was really once in a generation,” Gregan said.

“There was no way we were ever going to be able to harvest all those grapes. We wouldn’t have had the capacity in our wineries. So there’s still plenty of our wine available to grow sales over the last.”

China’s third largest wine producer offloads 300 ha of Australian vineyards

Weilong Grape Co, one of the biggest wine producers in China, has announced the sale of 320 hectares of Australian vineyards for AUS$143 million (RMB 660.6 million).

Weilong is China’s third largest wine producer and the country’s biggest organic winery.

The company announced plans to sell its vineyard holdings in Coomealla and Nyah in Murray, which account for 76% of its total wine production in Australia, as reported by Vino Joy.

According to a statement released by Weilong on 6 July, the sale will “alleviate its financial and managerial stress for its Australian subsidiary”.

Australian wine exports are still being impacted by challenging conditions and Chinese tariffs, as figures showed exports plummeted 26% in the 12 months to May 2022.

Most of this decline was attributed to China’s tariffs on bottled Australian wine imports in November 2020, which saw a loss of AUS$844 million.

While the tariffs look set to remain in place for the foreseeable future, some Australian companies, such as Treasury Wine Estates, are devising ways to work around them.

But for Weilong Grape Co, punitive tariffs’ financial weight has proved too heavy.

This marks the first major selloff from a Chinese company heavily restricted by these tariffs from selling Australian wine back to the Chinese market.

The Shandong-based wine producer bought the vineyards between 2016 and 2018, when international relations were friendly, China was Australia’s most profitable export market.

Weilong purchased approximately 600 hectares of vineyards in Victoria and New South Wales, according to Vino Joy, building a 26,000-tonne capacity winery just south of Mildura.

As disclosed to the Shanghai Stock Exchange, the sale includes 167.6 ha of vineyards in Coomealla and 260.4 ha in Nyah, along with other associated assets, for AUS$26.6 million and AUS$44.4 million each.