China now our leading wine export market

China now our leading wine export market

Australia’s 1743 active wine exporters sold 10pc more wine in offshore markets to achieve export sales of $2.17 billion for in the past year. Mainland China has outstripped the United States as the leading destination for Australian wine exports for the first time, with the soaring industry-wide sales momentum providing a further boost for Penfolds owner Treasury Wine Estates. Exports by Australian wine producers to China jumped by 51 per cent to $474 million in the 12 months to September 30 overtaking the US, which increased by 4pc to $448m.

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