China’s top 10 wine importing countries in 2017

No. 2 Australia 

Value: US$682.4 million

Volume: 105.7 million litres

Ranking by value: No. 2

Ranking by volume: No. 2

China has undoubtedly grown to be Australia’s greatest growth engine. In 2017, both Australia’s export volume and value growth were in double digits. China imported 105.7 million litres of wines worth more than US$682.4 million from Australia, up 33.2% in volume and 25.77% in value. Despite still trailing France, Australia’s average wine export price to China is higher than France’s US$4.82 per litre at US$6.45 per litre, in line with an earlier report by Wine Australia.

In January this year, China has further reduced import tariff on Australian wines based on the two country’s FTA agreement, which would give impetus for its wine exports. In 2019, the two countries would completely scrap import tariff on Australian wines. 

One Response to “China’s top 10 wine importing countries in 2017”

  1. These figures are impressive, but for clarity sake, I would like to have a better understanding. I reckon the figures are in US$.
    Now, if we divide the value $2.800.000.000 by the quantity L 746.000.000 it equates to 3.75US$/L => about $2.81 per 0,75 bottle (do we have any idea of the volume in bulk?) in any event it sounds extremely low. I guess the value is calculated on the basis of the purchase price EXW and does not include CIF + Import duties.
    Could you confirm my calculation is correct?
    thanks
    mdz

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Content Manager (Maverick Drinks)

ATOM Supplies
London, UK

Graphic Designer (NPD)

ATOM Supplies
Tunbridge Wells, UK

Press Officer

Speciality Drinks
London, UK

UK Private Clients Manager

Ditton Wine Traders
London, UK

London Business Development Manager

Maisons Marques et Domaines UK Ltd

Head of Buying - Spirits

Enotria&Coe
West London, UK

Liquid Production Supervisor

ATOM Supplies
Tonbridge, Kent, UK

Sales Account Manager – Cotswolds

Haynes Hanson & Clark
Gloucestershire, UK

Communications & PR Manager

Bruichladdich
Islay, UK

Senior London Account Manager

The Drinks Club
London, UK

Vinisud

Montpellier,France
18th Feb 2018

International Bulk Wine and Spirits Show

London,United Kingdom
26th Feb 2018

Spirited London

London,United Kingdom
15th Mar 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more