No. 1 France
Australia’s loss is France’s gain.
After France has lost out to Australia in 2019 as China’s biggest wine exporter, it has regained its ground following China’s punitive anti-dumping tariff on Australian wines.
The country in the first half of the year exported 55.6 million liters of wine valued at US$343.3 million to China, representing a 57.01% increase in value and a 16.62% increase in volume over the same period last year.
The sharp increase has taken its market share in China to 41.93%, a more than 10% growth compared with 2019, thanks to Australia’s exit.
Together with Chile, Italy, the three countries now take up over 70% of China’s imported wine market share.