According to Wine Australia, Australia exported only A$12 million (US$9.33 million) wine products to mainland China between December 2020 and March 2021. That's a 96 percent drop.
In the same period last year, figures show that the figure was A$325 million (US$252 million).
The background is the trade dispute with China. End of November, the country imposed high tariffs on imports of Australian wine on the grounds that Australian winemakers were using dumping methods in order to gain market advantages over domestic producers in China. For the year to March 2021, exports to mainland China have slumped by about 24 percent to A$869 million (US$675 million), down 40 percent to 78 million litres.
Overall, Australia has seen a one percent drop in volume (to 724 million litres) and a four percent drop in value for the 12 months to March 2021. This amounted to A$2.77 billion (US$2.15 billion). The slump in the Chinese market was thus partially cushioned by sales to other countries. Previously, about a third of Australia's wine exports went to China.
编辑:Frida Xu