China’s wine tariff repeal a relief, but industry remains vulnerable to global macroeconomic, trend changes

While the lifting of China’s tariff on Australian wine will help restore exports, it doesn’t solve the greater macroeconomic and sectoral headwinds that threatens the Australian wine industry’s sustainability and resilience.

After several years of challenging global and domestic trading conditions, the Australian wine industry has welcomed the recent news that the punitive China tariffs that were imposed 2020 have been removed. These duties on Australian wine made it unviable for Australian producers to export bottled wine to the Chinese market, which was worth $1.1 billion in 2019. Although an immediate bounce back to those export levels is not expected given the changing market dynamics in play, the strength ...

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Authors: Tim Mableson, Andreas Clark,

Published Date: 08 April 2024