Australian Wine Exporters Break New Ground in Asia Despite Drop in China Trade

Bottles of Australian wine are seen at a store selling imported wine in Beijing, China, on Nov. 27, 2020. Florence Lo/Reuters

Despite experiencing a turbulent year in the global wine market, Australian exporters are making significant gains across Asia after being denied the China market by Beijing.

In its latest figures, Wine Australia revealed that overall volumes were down 17 percent to 619 million litres resulting in a 30 percent decline in the value of exports to AU$2.03 billion (US$1.45 billion).