The Wine Institute reported that soaring sales...

The Wine Institute reported that soaring sales of U.S. wine to Japan and Britain helped send total wine exports in 1987 to 11.87 million gallons, a 64% increase over the previous year. The trade group said the dollar’s decline against foreign currencies, including a 55% drop against the Japanese yen over the past two years, was largely the cause. In addition, U.S. wineries have begun more aggressive promotional efforts to overseas markets, said Sam Folsom, a spokesman for the San Francisco-based industry organization.