5 Countries That Produce the Best Wine in the World

In this piece, we will take a look at the five countries that produce the best wine in the world. For more countries, take a look at 12 Countries That Produce the Best Wine in the World.

5. Commonwealth of Australia

Wine Exports as of 2021: $1.69 billion

The Commonwealth of Australia, or simply Australia, is one of the oldest regions in the world, with the first settlements dating as far back as 65,000 years ago. Its domestic wine market is worth billions of dollars, and wine is also a major Australian export. The country has dozens of wine making regions, and like in the U.S., the wines are marked with labels revealing their grape origins. A well known Australian wine is the Penfolds Grange Hermitage, and it is owned by Australia’s second largest wine maker Treasury Wine Estates Limited (ASX:TWE.AX). Treasury Wine Estates has a AU$9.6 billion in market capitalization, and the largest Australian wine company is Endeavour Group Limited (ASX:EDV.AX) which is valued at AUD$11.8 billion. Other Australian wine stocks are LARK Distilling Co. Ltd. (ASX:LRK.AX) and Australian Vintage Ltd (ASX:AVG.AX).