China Australian Wine Exports
According to Wine Australia, you can find that Australian Wine
Exports are deeply affected by the decline of exporting wines to
China.
In 2020, the top 5 Australian wine exports markets by value are:
Ranking | Country | By Value |
1 | Mainland China | down 14 per cent to $1.01 billion |
2 | United Kingdom (UK) | up 29 per cent to $456 million |
3 | United States of America (USA) | up 4 per cent to $434 million |
4 | Canada | up 5 per cent to $192 million |
5 | Hong Kong | up 27 per cent to $132 million |
From above you can see, Hong Kong moves back into the top five,
replacing New Zealand. High percentage of wines arriving in Hong
Kong, the final destination is Mainland China.
In 2020, the top 5 Australian wine exports markets by volume are:
Ranking | Country | By Volume |
1 | UK | up 19 per cent to 266 million litres |
2 | USA | down 1 per cent to 136 million litres |
3 | Mainland China | down 29 per cent to 96 million litres |
4 | Canada | up 0.3 per cent to 56 million litres |
5 | Germany | up 10 per cent to 35 million litres |
The Chinese Ministry of Commerce (MOFCOM) announced a decision to
impose temporary deposit tariffs from 28 November 2020 of between 107.1%
and 212.1% on Australian wine in containers of up to 2 litres ahead
of finalizing the ongoing anti-dumping investigation. MOFCOM
announced a decision to impose temporary countervailing duty
deposit from 11 December 2020 of between 6.3% and 6.4% on
Australian wine ahead of finalizing the countervailing duties
investigation.
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Chinese wine market.