No. 2 Chile
Chile is China’s second biggest wine supplier by value and biggest supplier by volume.
The South American country exported 64.24 million liters of wines in the first six months of the year to China, up by 43.38% compared with the same period last year.
About 32 million liters though are bulk wines.
In value terms, the country exported US$159.03 million worth of wines to the Chinese market, a year-on-year increase of 45.87%.
Its market share in China has expanded to close to 20% at 19.42%.
Known for its affordability, Chile has benefited greatly from Australia’s ordeal in China, taking up some of the market shares left by the Australians.
Both Chile and New Zealand enjoy zero import tariffs when exporting wines to China, thanks to Free Trade Agreement.
Chile’s average wine export price is US$2.48 per liter, while that for New Zealand is US$10.42 per liter.
