Bourgogne exports boom buoyed by US and China
Bourgogne wine exports boomed in the first four months of the year, buoyed by US tariff suspension and a stunning comeback from China.
Tag: wine trade
Tax on Australian wines edges up Chile
Chile is reaping in market share left by Australian wines, which topped China’s wine market up till last November when crippling tariffs brought it to a crashing halt.
What you need to know about 2nd Wine to Asia
The second edition of Wine to Asia organized by Vinitaly and Pacco Communications will return to China’s southern economic powerhouse, Shenzhen, in full force.
China’s top 10 wine importing countries in 2020
China’s top 10 wine importing countries in 2020 have been revealed. All experienced downturns as expected except one country. Find out who they are.
China’s biggest wine fair postpones to April
China’s biggest wine and spirits trade fair has announced that it will postpone its fair schedule from originally planned March to April, after the hosting province issued a directive to ban large-scale, sales-oriented gatherings as part of its precautionary measures following small clusters of infection.
Australian wine exports clipped by China tariffs
Australian wine exports slowed in the 12 months to December 2020, significantly clipped by China’s punitive tariffs in the last two months of the year that nearly flatlined December exports, according to Wine Australia’s latest Export Report released today.
Wine Australia pulls plug on China Roadshow and China’s biggest wine fair
With crushing tariffs on Australian wines and international travel restrictions due to the coronavirus pandemic, Australia is sobering up to a costly China fallout.
Pandemic threatens Hong Kong’s role as a wine hub
Pandemic and border closure have spelled more pains for Hong Kong’s wine market, as trade data shows the fine wine hub’s role is quickly diminishing, a somewhat thorny and sensitive subject that will split wine crowds in Hong Kong.
China’s wine imports slide
China’s wine market has yet to get its mojo back and consumer sentiment for wine is still cautious, as the latest data showed.
Fine wine outperforms equities in turbulent 2020
Fine wine has outperformed some of the world’s top market benchmarks, according to Liv-Ex, but Hong Kong’s role as a fine wine hub is at risk.