China’s top 10 wine importing countries in 2017

No. 7 New Zealand 

Value: US$29.2 million

Volume: N/A

Ranking by value: No.7

Although New Zealand did not make it to China’s top 10 importer list by volume, the country’s high export value landed it as China’s 7th most valuable source for bottled imported wines. The country’s exports to China surged 39.89% to close to US$30 million during the past year. 

The country has signed a Free Trade Agreement with China in 2008, and has upgraded the FTA in 2016.

The country’s total area under vine is 37,129 hectares, with Sauvignon Blanc dominating at 22,085 hectares, followed by Pinot Noir at 5,653 hectares, Chardonnay (3,203 ha) and Pinot Gris (2,469 ha), according to New Zealand Winegrowers. Marlborough is the country’s biggest winemaking region, with 25,135 ha under vine.

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

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