Australia`s wine exports boosted by 40% growth to China, says report

by Dramelin 12:00 AM 0 comments 40 australias boosted china exports growth hong kong litre premium report value wine wines

China?s increasing thirst for premium wines has helped boost the value of Australia?s wine exports by 7% to $2.2bn in 2016. Industry body Wine Australia said there was exceptional growth in exports to China, rising 40% to $520m last year. The group?s annual Export Report, released on Friday, shows the average value of Australia?s wine exports rose 6% to $2.96 a litre, the highest since 2009. ?Last year, Australia?s most premium wines took centre stage,? the Wine Australia chief executive, Andreas Clark, said. Australia open to China and Indonesia joining TPP after US pulls out Read moreBehind the strong growth was premium Australian bottled wines, particularly to China.