Surge in Australian Wine Exports to China Point to Growing Market Potential
Wednesday, 22 May 2024, 20:00
Australian Wine Exports to China Surge
China's import of Australian wine exploded to over US$10 million in April, indicating a significant growth trend.
Punitive Tariffs Lifted
China lifted punitive import tariffs towards the end of March, fueling this substantial surge in wine imports.
- Last year, China imported only US$126,000 worth of Australian wine, highlighting an exceptional increase in the recent period.
This positive development opens up new avenues for Australian winemakers to tap into the lucrative Chinese market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.