NEWS
AUSTRALIA HAS FALLEN BEHIND FRANCE, CHILE, SPAIN AND ITALY IN CHINA MARKET IN Q1 2021
By Siulan Law Mathews DipWSET
2-5-2021
Credit: Frank Mckenna/Unsplash
Australia’s bottled wine exports to China has fallen behind France, Chile, Spain and Italy in the first quarter of 2021, according to latest Chinese customs data.
From January to March this year, France has replaced Australia to become China’s top source of bottled wine imports.
The volume of French bottled wines exported to China reached 27.1 million litres in the period, representing a growth of 16 percent compared to the same period last year.
Chile came in second, having exported 15.83 million litres of bottled wines to China in the period, representing a 23 percent growth.
Spain came third, the country exported 10.61 million litres of bottled wines to China in the first three months, representing a decrease of 4 percent on the same period last year.
Italy came fourth, the country’s producers exported 7.38 million litres of bottled wines to China in first quarter, representing a 1 percent decrease.
Australia sits in fifth, its bottled wine exports to China dropped to 4.23 million litres in the first three months, representing a crash of 81 percent on same period last year.
These figures are in line with the data recently released by Wine Australia which showed that Australian wine exports to China plunged from AUD325 million to AUD12 million between December last year and March this year, representing a whopping 96 percent drop.
France had always been China’s top source of imported wines until 2019 when Australia overtook to become the leader due to the tariff free advantage enjoyed by Australian producers because of the China-Australia free trade agreement.
However, the two countries were soon caught in a trade tension. China launched anti-dumping and anti-subsidies investigations on Australian wine imports in August last year.
The Ministry of Commerce announced a preliminary ruling on 27 November, temporary anti-dumping duties ranging from 107.1 percent to 212.1 percent had been imposed on Australia wine imports since then.
China announced in March that the anti-dumping measures on Australian wine imports will last for five years.
(the writer can be contacted at: info@thewinechronicle.com)
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