India’s high tariffs on European wine are set for a sharp reduction after the country and the European Union finalised a long-awaited free trade agreement, a move expected to significantly reshape market access for imported wine, spirits and beer. Read More
Imported wine
The milestone marks a shift in Hong Kong’s alcohol import landscape, which for more than 15 years had been dominated by wine after the government eliminated wine import tariffs to position the city as a global wine hub. Read More
It’s one of the world’s most secretive and isolated regimes, yet North Korea has emerged as an unlikely destination for China wine exports. Read More
The European Union is pushing India to lower tariffs on wine, spirits, and other key exports as part of efforts to boost bilateral trade, while concerns mount over potential U.S. tariff hikes on European goods. Read More
Wine has enjoyed the highest growth among all alcoholic beverages in Taiwan, earning it a nickname as "red gold" in Taiwan. Read More
On October 8, China’s most famous wine influencer, Wang Shenghan—known to millions as Lady Penguin—took to social media with an announcement that shocked millions of her fans. Read More
The Vietnamese government has proposed a significant increase in alcohol taxes, with plans to double the excise tax on wine by 2030, according to a draft regulation. Read More
Imported wines in China might get more expensive with the new consumption tax reform discussions. The proposed reform has drawn significant attention from the wine trade within the country, splitting opinions. Read More
It's a worrying sign when the popular Penfolds is experiencing slow sales, but some merchants remain hopeful for upcoming festive season. Read More
India's beverage alcohol market is tapped to record significant growth, driven by a youthful population with up to 20 million new consumers annually and an increasing preference for premium products, according to IWSR. Read More