Australian exporters are using music chairs in the Chinese wine market


The Australian wine sector is seeing “early signs” of success in finding an alternative market to China after imposing high tariffs on exports. This is the move that led to the major remodeling of top wine suppliers.

“Before the introduction of tariffs, Australia was the top wine importer into mainland China, and as other wine-producing countries moved to fill the gap, Australia was in the market where these countries had previously sent wine. There are more opportunities for wine, “Wine Australia said in a statement, Epoch Times.

In early February, industry groups said Australia’s wine exports were up 108% to A $ 166 million in Singapore, Hong Kong (up 45% to $ 191 million) and South Korea (up 74% to $ 47 million). ) Has announced a numerical value indicating a significant increase. , Taiwan (up 65% to $ 31 million), and Thailand (up 31% to $ 28 million).

As Australia’s wine exports to China fell in October 2020 with a major tariff of 116-218%, the market is “musical chairs” by various exporters trying to replace Australia’s previous lead. The situation is occurring.

According to the China Association of Wine and Spirit Imports and Exports, France 61.45% increase Exports to China amounted to US $ 687.8 million, followed by Chile (US $ 138.5 million, up 46.73%) and Italy (US $ 67.2 million, up 45.11%).

Wine Australia, meanwhile, said it couldn’t replace the Chinese market, but diversification into other markets is gaining momentum.

“Fortunately, there are early signs in exports that Australian wine exporters have succeeded in redirecting wines that were originally intended for mainland China to other markets,” the group said. Stated. “These markets have a thirst for premium red wines that were primarily shipped to China.”

Beijing’s tariffs on Australian wine were in the midst of an ongoing economic coercion campaign in response to a request from the Morrison government to investigate the origin of COVID-19.

It poses a hidden threat from then-Chinese ambassador Chen Zinghe, and later Beijing develops a series of trade sanctions targeting industries such as barley, coal, cotton, hay, logs, meat, wine and spiny lobster. I saw

Some of the measures deployed include arbitrary border inspections and inspections, imposition of tariffs, unreasonable delays in the listing of export facilities, and the issuance of import licenses.

The Australian Government is currently promoting this issue through the World Trade Organization, along with another proceeding over barley tariffs.

Daniel Y. Ten

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Daniel Y. Teng is based in Sydney. He focuses on national politics, including federal politics, COVID-19 response, and relations between Australia and China. Contact him at [email protected]

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