Merchants are already suspending EU wine purchases and warning of mass bankruptcies and layoffs if Trump’s threatened 200% tariff on European wine is implemented. Read More
Trade
China’s imported spirits market experienced a sharp downturn in 2024, with brandy and whiskey imports plummeting under the weight of high inventory levels and waning demand. Read More
Exports of Ningxia wine surged 125% in 2024 despite a global economic downturn that weakened wine sales, former Hong Kong Chief Executive Leung Chun-ying said … Read More
Spain’s Rioja wine exports grew 4.42% in 2024, buoyed by strong demand in the United Kingdom and United States, even as the global wine market continued to contract. Read More
China’s largest duty-free operator has allegedly removed cognac products from top producers, including Martell, Hennessy, and Rémy Cointreau, in what appears to be an escalation of trade tensions between Beijing and Brussels. Read More
The probe, originally scheduled to conclude within a year, will now run until April 5, 2025. Read More
This free port, with zero wine tax, is becoming an important platform for Chinese wines to connect with the global market. Read More
Will the Chinese buyers, once the backbone of Vinexpo Hong Kong, return in force amidst an economic cooldown? Or if their absence signals a deeper and more lasting change in demand and consumption patterns. Read More
Marking its 30th anniversary, this year's edition will unveil what organizers tout as "the world's largest and most comprehensive lineup of wines and spirits," with participation from 5,700 exhibitors spanning over 60 countries. Read More
After three years of rapid growth, Korea's imported wine market is experiencing a downturn as home consumption decreases and inventories accumulate. Read More