Aus­tralian wine ex­ports boom­ing

The Northern Star - Northern New South Wales Rural Weekly - - News -

AUS­TRALIAN wine ex­ports to a sin­gle coun­try dur­ing a 12-month pe­riod have topped $1 bil­lion for the first time.

China im­ported

$1.04 bil­lion worth of Aus­tralian wine for the year to March and now ac­counts of 40 per cent of to­tal wine ex­ports from Aus­tralia.

In terms of vol­ume, China over­took the US to take sec­ond place among over­seas buy­ers of Aus­tralian wine, be­hind the UK in top spot.

Wine Aus­tralia chief ex­ec­u­tive of­fi­cer An­dreas Clark said China was Aus­tralia’s best mar­ket in terms of pre­mium wines.

“But we have a very good spread of wines go­ing into China, both at the com­mer­cial end but also it is our big­gest des­ti­na­tion for pre­mium wines,” Mr Clark said. “There are sim­i­lar vol­umes go­ing into both the US and China, but China ac­counts for $1 bil­lion and the US $439 mil­lion.”

Mr Clark said Aus­tralia’s pre­vi­ous record for ex­ports was $987 mil­lion to the UK in 2005 and $962 mil­lion to the US in 2007. In 2007, Aus­tralian wine ex­ports topped $3 bil­lion. The past 12 months saw ex­ports reach the high­est level since 2009: $2.65 bil­lion.

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