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Australia wine exports suffer

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Wine exports to China for the December 2020 to March 2021 period have fallen to $12 million compared with $325 million in the comparable period a year ago. A similar decline is expected when Wine Australia publishes its April to June export figures later in July.

Over the past decade, exports to China had grown steadily. The peak was $1.28 billion in 2019, about 44 per cent of all wine exports by value.

the Ministry of Commerce in China announced anti-dumping and countervailing investigations in August 2020. Interim countervailing import duties of 6.3–6.4 per cent were imposed, and anti-dumping tariffs of between 116.2 per cent and 218.4 per cent on bottled Australian wine on November 28.

The import tariffs were extended for a further five years on March 28 this year.