Australian wines are still available on Shanghai shelves but a diminishing presence in the market.
Russell Flannery
Wine from Europe and Chile wine enjoyed big gains in market share and sales in China in the first half of the year at the expense of Australian wine hit with tariffs in connection with that country’s ongoing trade and political disputes with China.
France took 35% of China’s wine imports by volume in the January-June period, up from 27.6% a year earlier, and Chile had 22.8% compared with 15.8%, according to customs data compiled by Shanghai-headquartered market research and consultancy firm Nimbility. Measured by value, France took 42.8% of the market, worth $303 million, compared with 26.4% a year earlier, Nimbility said.
Australia, which had 39.6% of the import market in terms of value in the first six months of 2020, had only 6% in the same period this year. The country complained to the World Trade Organization about…
