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Australian wine exports to China exceeded A$1bn ($640m) in the 12 months since tariffs were lifted in March 2024, but volumes are not yet back to pre-tariff levels, new data from the trade body Wine ...
CANBERRA (Reuters) -Australia's wine export boom to China that followed an improvement in relations between the two countries is showing signs of slowing, amid a broader global decline in the ...
Between 1990 and 2004, the volume of Aussie wine exported to the US exploded, from around 550,000 annual cases to a whopping 20 million, led by “critter” wine brand Yellow Tail and its many ...
Though the area's 100-plus wineries make only four per cent of Australia's wine, the Yarra Valley is a hotbed of young ambitious winemakers. Carla Gottgens/Bloomberg Photo by Carla Gottgens ...
Is China losing its taste for Australian wine? Industry frets over demand - South China Morning Post
The lifting of trade tariffs by China triggered a surge in Australian wine exports last year, but it is unclear whether Chinese demand will remain strong after buyers have restocked, an industry ...
In volume terms, the UK is the largest customer for Australia’s wine. Volumes shipped to the UK fell 3.6% to 212 million litres. Sales to the US, the country’s second-largest market by volume, dropped ...
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Australian winemakers are sitting on a 200 million litre glut of mainly red wine despite pulling back from production in the aftermath of a three-year trade stand-off with China.
The value of China’s imports of Australian bottled wine last month was 2,952 times more than in September last year, before the removal of punitive tariffs, with volume totalling 3.51 million ...
But overall, wine makers had mixed success in building sales, said Lee McLean, CEO of industry body Australian Grape & Wine. "Our story is not a particularly successful one," he said.
China imposed tariffs on Australian wine in 2020 during a diplomatic feud over Australia’s support for a global inquiry into the origins of COVID-19.
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