Australian wine exporters encountered another difficult year in 2022 amid rising inflation, costs and interest rates while its exports to China dropped to a new low, the latest data released by the country’s wine trade body has revealed. Read More
Wine Australia
Australia’s annual wine exports contracted 11% in value to AU$2.01 billion but Wine Australia is sanguine about its future as it is seeing “the tail end of the decline” in exports to mainland China. Read More
Australia has appointed two country managers for Japan and South Korea to grow Australian wine as it tries to diversity and intensify Australian wine exports during "a really challenging time" amid sharp export drops to China. Read More
Australian wine exports saw "not unexpected" export declines, affected by China's punitive tariffs and the ongoing impact of the pandemic, according to Wine Australia’s latest Export Report. Read More
Australia's wine trade body Wine Australia has announced that it will close its China office in Shanghai, after exports to its once most profitable market plunged under China's punitive tariffs. Read More
Australian wine exports saw moderate growth from market diversification outside of mainland China, but the progress was no match to offset the loss from its former largest export destination. Read More
Australian wine exports to China from January to June plunged to just AU$13 million, down from AU$419 million of the same period last year, as other market gains struggle to offset loss in its most valuable export market. Read More
Australian wine exports to China were shaved off by over 95% since the punitive tariffs came into effect last November, painting a grim roadmap that leaves little breathing room for Australian wineries in the Chinese wine market for the next five years. Read More
Wine buyers around the world will be able to discover and connect with Australian wines on a "first-of-its-kind virtual platform" launching 27 April, the country's wine trade organization has announced. Read More
China has announced its decision to impose up to 218.4% tariffs on Australian wines for a period of five years. Read More