Argentina produces close to 14 million hectaliters (400 million gallons) of wine per year, an absolutely huge amount. Eight countries have more acreage under vine, but only 3 of those are producing more wine than Argentina. This doesn't really say good things about the overall quality of Argentinian wine. Much of this wine production is focused on the domestic Argentinian market, but more recently, as in Chile, Argentinian producers have begun to make much higher quality, export-worth wine. Also like Chile, Argentina has attracted a great deal of foreign interest and investment, with many high-profile conglomerates such as Moët and Chandon bringing modern winemaking techniques and international grape varieties to the country. Argentina, along with Chile, is a place to watch for more and more well produced wines.