For the first time since the second half of 2018, China’s wine import market has shown signs of recovery. Bottled Australian wine imports saw explosive growth in late March. Our full analysis of customs data here. Read More
Australia
Penfolds is poised to make a full return to mainland China, with first shipments expected to arrive next month following the lifting of punitive tariffs in late March. Read More
China's Ministry of Commerce has proposed lifting punitive tariffs imposed on the Australian wine, signalling an end of a three-year trade freeze that has upended Australia AU$1.2 billion annaul wine exports. Read More
China's Ministry of Commerce is hinting at a crucial decision on whether to lift tariffs on Australian wines, as Australian wine exporters wait with bated breath on the final green light to re-enter China market. Read More
Australian wine exports declined in 2023, falling significantly below long-term averages due to a slowdown in Europe and North America amid softening global wine demand and lukewarm sales. Read More
Craig Stansborough, the Group Premium Winemaker at Accolade Wines, shared with us in an interview the complexities of export markets, the sting of China's tariffs, and the labyrinthine challenges birthed by the pandemic form a tapestry of trials and tribulations. Read More
Australia and China have announced a significant breakthrough in their longstanding wine tariff dispute, potentially paving the way for resumption of the two countries' unimpeded wine trade as early as next April. Read More
As the World Trade Organization (WTO) prepares to release its ruling on the China-Australia wine tariff issue, Australian Prime Minister Anthony Albanese said on Tuesday that he remains "very hopeful of a breakthrough". Read More
The French drinks giant Pernod Ricard is reportedly mulling a sale of its Australian and New Zealand wine portoflio including its crown jewel Jacob’s Creek. Read More
A surge of Australia wine exports to Hong Kong has fuelled the city’s bullish wine trade in the first half of the year, as wineries and merchants are itching to ship wines across the border in anticipation of tariff lift. Read More