Australia's wine exports to China rebound to 2019 levels after China lifts trade duties.
Australia's wine exports to China have rebounded to their highest levels since 2019 after China lifted trade duties on bottled wine in March. In May, 9.8 million liters of bottled wine, worth $142.2 million, were exported to China, marking the fourth-highest monthly figure since 2019. This surge is attributed to the easing of tensions between the two countries, and the increase in value and volume has been praised by Australian Agriculture Minister, Murray Watt.
July 15, 2024
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