Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
Spirits
Even though a US$10 ex-cellar wine can retail for as much as US$100 in India, this Master of Wine believes there’s never been a better time to enter the market. Read More
Wine is expected to be the only major alcohol category to shrink in volume over the next decade, even as the global beverage alcohol market adds US$34 billion in value, according to new forecasts from IWSR. Read More
A major tax cut on spirits was expected to shake up Hong Kong’s liquor market, but early signs suggest the impact may be more limited than hoped. Read More
JD.com’s self-operated wine and spirits arm jumped 40% year-over-year at the start of 2025, the company said, but it is grappling with uneven wine quality and undercutting by low-priced parallel imports. Read More
This marks the first time since 2021 that wine has overtaken spirits in total import value, reversing the trend that began when spirits eclipsed wine that same year. Read More
The drop was driven largely by a 17% fall in Cognac and other spirits, while Champagne and still wines slipped just 1%. Read More
Vats Liquor clearly pointed out a structural shift in China: corporate spending on alcohol is softening and individual consumers and online channels are stepping into the breach. Read More
What are the key emerging trends at China’s biggest wine and spirits fair this year? How are buyers responding in a shifting market? Read our on-the-ground report for the latest insights.
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Tmall Global, the cross-border e-commerce platform under Alibaba, has just unveiled exclusive data on wine and spirits sales. Here's all the data that matters. Read More