No 9. New Zealand
New Zealand took over Germany to become the 9th largest wine exporter to China.
In 2021, New Zealand exported 2.68 million liters of wine to China, an increase of 29.01% more compared to the previous year. The country’s import value rose by 49.6% to US$27.3 million.
While its neighbour Australia is suffering from up to 218% anti-dumping tariff, New Zealand wines on the other hand greatly benefited from a more friendly trade relationship with China via Free Trade Agreement.
The lenient trade restrictions for New Zealand narrowed its gap with Australia’s wine exports to China. New Zealand wines now took up 1.62% of market share in China, while Australia’s market share drastically reduced to 3.27%, down from almost 40%.
