Wine imports in China in the first 11 months of 2020 suffered close to 30% drop. (pic: stock image)

Wine imports in China (pic: stock image)

No. 3 Chile

Import value: US$194 million

Import volume: 93 million litres

Chile is the only country among the top 10 that saw positive growths in both volume and value, defying the overall downward trend.

It ranks as China’s biggest wine importer by volume but in value its ranking would slide to No. 3 due to its low export price, the lowest among 10 countries at US$2.08 per litre for bottled wines.

Its exports to China in the first six months of the year grew by 5.53% to US$194 million, while its volume jumped 11.29% to 93 million litres, unfettered by China’s overall weakening wine demand.

Its market share stands at 15.79%.

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