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ThirtyFifty - Hens

Wine News

Australia has overtaken France in China

For years the French have dominated China, but in 2017 Australia has now become China's main wine supplier.

The increase in total sales to China from Australia reached US$ 69.6 million, while French imports totalled US$63.76 million. While lower in value, the volume of the cheaper French wine is still 12.8 million litres, significantly more than the more premium Australian wine at 8.4 million bottles. The gain in sales has been attributed to the cut in tariff which is currently 5.6% down from 14% when a free trade agreement was signed. The tariff will drop to 2.8% from the 1st January 2018 and vanish entirely in 2019