Australian Wine Exports Grow in New Markets, Plummets 96 Percent in China

Australian Wine Exports Grow in New Markets, Plummets 96 Percent in China
Bottles of Australian wine are displayed at a supermarket in Hangzhou, in eastern China's Zhejiang province on November 27, 2020. Photo by STR/AFP via Getty Images
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New data shows that Australia has successfully weathered the storm of Beijing’s economic coercion by finding alternative markets for wine exports, which has seen growth in Europe, the UK, and the United States.

Despite losses in exports to China, Australia still managed to sell $12 million worth of wine into that market between December and March, down significantly from $325 million (US$251 million) the same quarter the previous year.

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