Shipments to mainland China boost Australian wine export volume and value to 3-year highs

In the 12 months ended September 2024, Australian wine exports increased by 34 per cent in value to $2.39 billion and by 7 per cent in volume to 643 million litres, according to Wine Australia’s Export Report released today. These are the highest levels of shipments by both volume and value since the 12 months ended August 2021, and the growth was driven by the re-entry of Australian wine exports to mainland China following the removal of import duties on Australian bottled wine in late March 2024. The value of shipments to mainland China increased by $604 million to $612 million, while volume increased by 58 million litres to 59 million litres. Wine Australia Manager, Market Insights, Peter Bailey said that “although the September quarter was smaller than the June quarter in both volume and value, it was still significant – totalling 27 million litres worth $214 million. Figure 1: Value of exports to mainland China, MAT Sept 2024 Of the 927 businesses exporting Australian wine to ...