The 50 wineries behind 71% of Argentina's wine exports: the January-September 2026 ranking

Between January and September 2026, 641 wineries exported Argentine wine worth US$495.4M FOB, −3.5% on the same period of 2025. But exports are far from evenly spread: the top 50 made 71% of the value, and the top ten more than a third. Working through customs declarations line by line, Vinalitica built the ranking of those 50 houses: how much each exported, how it fared against 2025, which market it depends on and at what price it sells.

The ranking

The table ranks wineries by FOB value exported between January and September 2026. The winery is the house that owns the brand declared in each shipment, not the exporter that signs it: one exporter can ship wine from several wineries (details below). Price is FOB value per litre; markets are the number of destination countries.

Nothing moves at the top

The top four places have not changed since 2024: Catena Zapata, Trapiche, Trivento and Finca Las Moras. Catena Zapata has ranked first over the first nine months of every year since 2022 and alone exports 10.4% of Argentine wine, twice as much as Trapiche. It is also the winery that lost the most in 2026: −US$6.0M (−10.4%), with the United States (−3.4M), Brazil (−1.4M) and the Netherlands (−0.9M) down, and Canada (+1.0M) and South Korea as partial offsets. It sells in 69 countries, more than any other.

Trivento is the exception on the podium: +17.1% (+US$3.6M), the largest gain in the ranking, almost all of it in the United Kingdom (+3.0M), its first market. It is also the only top-10 winery to have grown four years in a row: from US$18.8M in 2022 to 24.6M in 2026, always January-September. Trapiche (−3.3%) remains second with half of what it exported in 2022 (US$53.0M), and a third of its FOB carries the Kirkland Signature brand, Costco's own label.

The change happens one step lower. Luigi Bosca climbs from tenth to fifth place, its best in the series, with US$11.0M (+10.6%), driven by Colombia (+0.8M) and Brazil (+0.4M). But it bills less than in 2022 (12.3M): it rises because it grows in a year when those above it fall. Norton slips to sixth (−19.4%, with the Netherlands −1.4M and the United Kingdom −1.0M) and Mascota Vineyards drops from sixth to fourteenth (−20.9%). Aleanna, the winery behind El Enemigo, enters the top 10 (+9.5%) selling at US$12.5 per litre, the highest price among the top ten, and Rutini returns to the top 10 in ninth place. Mascota Vineyards and Mosquita Muerta drop out.

Who gained and who lost

Of the 50, 21 grew and 29 fell. The risers added US$11.8M; the fallers lost 29.1M. Together, the 50 exported US$351.7M, −4.7% against what the same houses sold in 2025, slightly worse than the rest of the wineries (−3.5%).

Among the risers, two stories repeat. The UK story: Bodegas Esmeralda (+40.4%) ships 86% of its wine there, almost all under the Finest Argentina brand, Tesco's own label, and Antigal (+20.9%) gained in the UK (+0.7M) what it lost in the United States. And the high-end story: Chacra (+30.7%, from 50th to 37th) sells at US$25.2 per litre, Aleanna at 12.5 and Viña Cobos (+6.6%) at 10.1. Las Perdices (+22.8%) grows in Brazil, which takes 81% of its exports.

Among the fallers, the common thread is the United States. The top 50 sold US$77.5M there against 89.3M a year earlier: −11.8M, two thirds of the ranking's net decline. Catena Zapata (−3.4M in the US), Trivento (−1.3M), Domaine Bousquet (−1.2M, with more than half of its business in that market), Salentein (−1.0M), Mascota Vineyards, Trapiche, Antigal, Escorihuela Gascón, Santa Julia and Rutini each lost more than half a million there. Without the United States, the top 50 would have fallen −2.0%. The other sharp declines each have their own market behind them: Norton in the Netherlands, Finca Las Moras in Mexico (−0.9M), El Esteco in Canada (−0.7M), Mosquita Muerta in Brazil (−1.5M) and La Agrícola in Colombia (−0.7M).

One market, one fate

Grouped by their first market, the 50 tell the same story as the country. The six top-50 wineries whose first destination is the United Kingdom grew +6.9% combined; the 16 that look first to Brazil, −1.8%; the 18 led by the United States, −4.8%; and the four led by Canada, −13.8%. Thirteen of the 50 sell more than half of their wine in a single country, and their year depends on that country: Bodegas Esmeralda (86% UK, +40.4%) and Las Perdices (81% Brazil, +22.8%) on one side; Mosquita Muerta (87% Brazil, −13.3%), Cheval des Andes (81% France, −20.8%) and La Agrícola (62% Colombia, −33.5%) on the other. La Riojana, with 87% in the UK, held steady (−0.7%).

Price does not order the ranking

Among the 50, average price ranges from US$0.90 per litre (RPB, whose first market is Paraguay) to 59.6 (Cheval des Andes), with half of the wineries below US$4.5. Grouped by price, only the most expensive group grew: the five wineries selling above US$8 per litre added +4.0%, with Aleanna, Viña Cobos and Chacra up and Cheval des Andes and Clos de los Siete down. Those at US$5 to 8 fell −7.3%; those at 3 to 5, −2.7%; and those under 3, −7.4%. There is no rule: the high end grows on the back of a few houses, and cheap wine loses as much as the mid range.

Entries and exits

Entering the top 50 took US$2.09M of exports in nine months (2.18M in 2025). In came Mendoza Vineyards (from 51st to 45th, +6.9%, with the United States as first market), Renacer (from 55th to 49th, +12.6%, with its Punto Final brand and Brazil as first destination) and Finca Flichman (from 53rd to 50th, +4.6%). Out went Finca La Celia (from 40th to 64th: US$1.4M against 2.6M), which during the Cristo Redentor closure shipped on 7 days in July-August against 28 a year earlier; Pulenta Estate (from 44th to 54th, −27.6%) and Bianchi (from 49th to 52nd, −16.7%). Just outside, in 51st place, sits Caro (+35.2%).

Behind the 50, a long tail

The ranking stops at 50, but many more houses export Argentine wine. Six wineries topped US$10M in nine months and made 27.5% of the total; 80 passed the million mark. At the other end, 386 wineries, six in ten, exported less than US$100,000 each: together, US$10.6M, 2.1% of the value.

Wineries and groups

Ranking by winery is not the same as ranking by exporter. Grupo Peñaflor ships wine from 21 wineries and is the main exporter of eight in this top 50 (Trapiche, Finca Las Moras, Navarro Correas, Mascota Vineyards, El Esteco, Peñaflor, Andean Vineyards and San Telmo): as an exporter it totalled US$77.6M (−8.4%), more than Catena Zapata. Bodegas Esmeralda, Catena Zapata's exporter (and also the ranking's 29th winery, the one behind Finest Argentina), shipped US$57.4M from seven wineries (−8.5%), and La Agrícola, the exporter of Santa Julia and Zuccardi, US$24.1M from 20 wineries (−9.0%). Trivento is the reverse case: as an exporter it totals US$36.6M, because it also ships US$12.0M of bulk wine, which carries neither brand nor winery in customs records.

What comes next

The fourth quarter will decide the year for several of these houses. With September up after the pass reopened, two questions remain: whether the wine that did not leave in winter is recovered in October and November or stays a lost sale, and whether the United States, which explains two thirds of the ranking's decline, has bottomed out. Vinalitica clients follow their own rank, market by market, in the quarterly report.

Method. Source: Argentine customs wine export declarations (headings 2204.10, 2204.21, 2204.22, 2204.29 and alcohol-free wine 2202.99), January to September 2026 against January to September 2025, processed by Vinalitica. FOB values in current dollars. The winery is the house that owns the brand declared in the shipment, according to Vinalitica's brand table, which assigns each brand to its winery; a shipment without a brand (the case for almost all bulk wine: US$33.9M of the 34.3M exported) is not attributed to any winery and stays out of the ranking. A winery's value can therefore differ from its exporter's and from the figures each company publishes, which may also follow a different fiscal year. Price = FOB / litres. Markets = distinct destination countries. 2025 rank = same calculation for January-September 2025; the series starts in 2022. Data as of 20 October 2026; customs may correct declarations after they are registered.