China was the leading export market for Australian wine by export value in the 2024 financial year, with an export value of around 400 million Australian dollars. Between 2021 and 2023, the value of wine exported from Australia to China had plummeted as ties between the two trading partners deteriorated, with China placing high tariffs on wine products from Australia. The removal of these tariffs in March 2024, resulted in Australia's wine export value to China surging from around 8.1 million Australian dollars in financial year 2023 to over 400 million in 2024.
Leading destinations for wine exports from Australia in financial year 2024, by value
(in million Australian dollars)
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Wine Australia. (August 16, 2024). Leading destinations for wine exports from Australia in financial year 2024, by value (in million Australian dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/
Wine Australia. "Leading destinations for wine exports from Australia in financial year 2024, by value (in million Australian dollars)." Chart. August 16, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/
Wine Australia. (2024). Leading destinations for wine exports from Australia in financial year 2024, by value (in million Australian dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/
Wine Australia. "Leading Destinations for Wine Exports from Australia in Financial Year 2024, by Value (in Million Australian Dollars)." Statista, Statista Inc., 16 Aug 2024, https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/
Wine Australia, Leading destinations for wine exports from Australia in financial year 2024, by value (in million Australian dollars) Statista, https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/ (last visited December 21, 2024)
Leading destinations for wine exports from Australia in financial year 2024, by value (in million Australian dollars) [Graph], Wine Australia, August 16, 2024. [Online]. Available: https://www.statista.com/statistics/963222/destination-for-australian-wine-exports/
