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Australian wine exports fall as China tariffs bite  

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australian wine exports dropped by 19% to A$2.08bn in the year to 30 June, said trade body Wine australia this week. While exports to some countries rose, notably the US, the group’s report for the 2021-22 financial year offered fresh insight into a slide in shipments to China. Mainland China imposed varying import tariffs ranging from 116% to more than 200% on australian bottled wines from late 2020 onwards. Exports to China, including Hong Kong and Macau, dropped by 74% in the 12 months to 30 June 2022, to A$206m, said Wine australia, which recently announced plans to close its physical office in Shanghai. Shipments to mainland China totalled just A$25m for the year, and [...] Voir l'article complet sur Decanter

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