Last week's meeting between Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping in Bali raised hopes for Australia's wine industry. Read More
wine tariffs
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
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
China and Australia had a full and frank meeting in Singapore for the first time in 3 years, while ironically drinking an Australian white wine. Read More
Australia's most exported wine brand, Yellow Tail, has launched its Chile-made Yellow Tail range for the Chinese market this month to sidestep China's punishing tariffs on Australian wine, the company has told Vino Joy News. 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
Treasury Wine Estates appears to have absorbed the shock from China’s punitive tariffs and “is positive on outlook across its key markets outside mainland China” for the year 2022, the company has announced in its latest 2021 annual report. 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