South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
South Korea
EU wine exports to most Asian markets suffered setbacks in 2024 with the exception of one market that bucked the downward trend.
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Renowned for its bestselling budget-friendly soju, the Korean drinks giant Hite Jinro is expanding its portfolio with American wines. Read More
Low-cost wines are gaining ground in South Korea as price-conscious consumers turn to directly sourced bottles priced under 10,000 won (US$7.06). Read More
Argentina exported 178,000 liters of wine to China, but the value accounts for just 6% of what is exported to the US. Read More
Korea’s wine market continues to contract in the first half of the year, as the country’s leading importers including Nara Cellar and Lotte are reporting profit loss - more than 240% in one case. Read More
How much wine taxes do you have to pay for imported wines in Asia? Here, we offer a country-by-country breakdown to help wineries and importers tap into these markets. Read More
The Asia's Top 50 Wine Importers report spans the vast and diverse wine markets of Asia, profiling the leading importers from established giants in Japan, South Korea, China, Singapore, and Hong Kong to emerging growth hubs in Thailand, Vietnam, India, the Philippines, and Taiwan. Read More
The downturn in Asia, driven by slumping sales in China and South Korea, contrasts with the company’s overall global growth. Read More