Importing Wine from Argentina

Paper Summary:

This paper examines why a bottle of Bodegas Escortihuela Argentine wine costs over $20 in the United States and less than $2 in Argentina. According to the United States Department of Agriculture, Argentina is the fourth largest wine producer in the world and the largest in the Southern Hemisphere. The paper looks at Argentina's export record, the cost of producing wine in Argentina, tax issues and reasons why Argentina bothers exporting its wine. The paper includes tables.

From the Paper:

"Due largely to its European heritage, the citizens of Argentina are some of the largest consumers of wine in the world. Because of this, wine is sold through a number of channels in that nation, all of them for the most part, strongly supervised by both the nation and the state. In general, the wines are sold to the consumer at a price that is roughly 500 percent of cost. If a bottle of Cabernet cost $1 (including labor, corking, packing) then by the time it would reach the consumer, it would bear a retail price of $5."

More papers on Importing Wine from Argentina:

• Essay # 10135 : "Improrting Wine from Argentina"
• Essay # 18588 : "Wine from the Piedmont Area of Italy"
• Term Paper # 96080 : "Importing Drugs from Canada"

APA Citation:

MLA Citation: