No. 8 South Africa
Import value: US$12.89 million
Import volume: 3.75 million litres
South Africa is experiencing setbacks in Chinese market.
Data from the CAWS showed the country suffered a 53.67% drop in volume, even higher than the now heavily taxed American wines. Its value saw another 37.03% drop to US$12.89 million during the first six months of the year.
Aside from impacts of China’s tepid demand and weakening Chinese currency renminbi, last year South Africa’s low production might have contributed to the drop as well.
In South Africa, drought significantly impacted 2018 production (9.5 mhl), with a decline of 12% compared with 2017. The country recorded its lowest production level since 2012, according to OIV.
