Australia is one of the world's biggest exporters of wine.
The land down under may be known for its remote location, beautiful geography and the kangaroo, but Australia also happens to be a major player in the wine industry. Australia is the fourth largest producer of wine in the world. Australia also seems to have cornered the market on discount wine, particularly with the well-known Yellow Tail wines.
Yellow Tail Wines
The Yellow Tail brand of wines is from Casella Wines in the Riverina region of Australia. Launched in 2001, Yellow Tail became the most popular wine imported to the United States and accounts for nearly half of all Australian wine purchased. The Yellow Tail Line includes popular whites, reds and sparkling wine. Yellow Tail is popular for having quality taste and and a very low price, averaging about $7 a bottle in November 2010.
Penfolds Grange
Penfolds Grange, a shiraz wine, comes from the Penfolds winery in southern Australia and is one of the world's most famous wines. Wine collectors treasure a good bottle of vintage Penfolds Grange. Made mostly from the Shiraz grape and a little bit of cabernet sauvignon, Penfolds Grange is typically praised for being a robust, heavily concentrated wine. Penfolds Grange wines are very pricey, costing between $250 and $400 a bottle as of 2010.
Jacob's Creek Chardonnay
The grapes from which chardonnay wines are made are the most widely grown grape variety in Australia. The U.S. is Jacob's Creek's fastest growing market, largely due to their chardonnay wines. Celebrated for its clean, crisp, citrus taste, Jacob's Creek classic chardonnay is reasonably priced at around $8 a bottle. They also have a premium chardonnay, Reeve's Point, starting around $30 a bottle in November 2010.
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