China Becomes Large Wine Market For Australia

WineXpo. 9 September 2011. Wine Australia reports that China has replaced Canada as the third largest export destination for Australian wines. Between March 2010 and the same month in 2011, volumes of Australian wines imported by China increased by 30%. The two leading Australian export markets lost ground however: exports to UK were down by 4% and 16% down to the US, both markets being hit by a rising Aussi dollar compared to the pound sterling and US dollar.