China's August Imports of Australian Wine Plunge 60% Month-on-Month

Australia bounced back as China's biggest wine exporter in June but growth has now slowed.

Imports of Australian wine saw a significant month-on-month decline of as much as 60% by value. The sharp decline comes after months of steady restocking by importers and is further complicated by sluggish sales in the domestic market, highlighting broader challenges for the industry.

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