South Australia exported nearly 7.4 million litres worth $125 million worth of wine, representing the majority of exports
The Australian government reports that it exported to China more than 9.8 million litres of bottled wine valued at $142.2 million during May 2024. The majority of that total was exported from South Australia which sent nearly 7.4 million litres worth $125 million.
Consequently, wine exports to China have returned to levels not seen since the trade peaked in 2019. On 29 March 2024 duties on the bottled wine trade to China were removed, making world-class Australian wine available again to the huge Chinese market. The removal of duties has led the industry to achieve the fourth highest monthly figure for bottled wine exports to China since 2019. The latest figures are almost $50 million higher than the average monthly export value in 2019, prior to COVID.
The total value of wine exports to China in the two months since trade resumed is $228 million – which is almost 4 times the value of wine exports to China in 2021, 2022 and 2023 combined.
Minister for Agriculture, Fisheries and Forestry Murray Watt said “May has been incredibly successful for Australian wine exporters”.