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France back to China’s top wine supplier
來源:www.huoshanzuhao.cn  2021-06-29 15:33 作者:
According to Customs data, France has overtaken Australia to become China’s No.1 wine supplier. Australia is no longer China’s top wine exporter, a position it has held since 2019 when the 14% import tariffs were completely scrapped because of the two countries’ Free Trade Agreement.
 
From January to March this year, France has outstripped Australia to become China’s No. 1 bottled wine supplier in volume terms (27.1 million liters), with a stunning growth of 16% compared with the same period last year.
 
Chile came in second with another impressive 23% growth (15.83 million liters), as the data shows. 
 
This indicates that just within a span of less than four months, French and Chilean wines have emerged as the two main substitutes for Australian wines, which previously account for roughly 40% of market share in China.
 
Australia during the first three months of the year exported only 4.23 million liters of wines to China, down by 81%, according to the customs data. This echoes a set of grim data released by Wine Australia earlier that showed since December last year till March, Australian wine exports to China plunged from AU$325 million to AU$12 million.
 
Spain came in third at 10.61 million liters, down by 4% over the same period. Italy’s export volume to China slightly dropped by 1% to 7.38 million liters.
 
編輯:Frida Xu
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