Australia wine

Australian wine pours back into China as tariff-free shipments surge to over US$10 million in April

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Australian wine pours back into China as tariff-free shipments surge to over US million in April

With import tariffs removed for the first time in three years, shipments of Australian wine to China surged in April, with analysts expecting producers to jump back into the lucrative market “quite quickly”. China imported US$10.4 million of wine from Australia in April, up from US$126,045 a year earlier, representing a roughly eightyfold increase, according … Read more

China-Australia relations: Treasury Wine readies to ship Penfolds, Icon bottles once Beijing lifts import tariffs

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China-Australia relations: Treasury Wine readies to ship Penfolds, Icon bottles once Beijing lifts import tariffs

Beijing is conducting a review into the tariffs on Australian wine, and it is widely expected that the levies will be removed next month. If we get back in and re-establish Australian wine, that’s a re-establishment for the next decade and beyondTim Ford Treasury said last year that the company could quickly ramp up exports … Read more