China’s top 10 wine importing countries in 2017

No. 10 Argentina 

Value: US$22.08 million 

Volume: 5.05 million litres

Ranking by value: No. 10

Ranking by volume: No.10

The South American country’s wine shipments to China dipped 9.6% year-on-year to 5.05 million litres in 2017. Correspondingly, its value dropped by 4.5% to US$22.08 million as well, bringing down its ranking from 2016’s No. 8 to No. 10. This paints a challenging picture for the South American country (given its market share in China is only about 1%) if the downward trend continues into 2018.

2 Responses 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

  2. Flora says:

    BOTTLED WINE,total import volume is 552,150,530 L in 2017, value $2,554, 672,316, avg price $4.63.
    BULK WINE 180,573,280 L, value $158,889,553.avg price $0.88

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