Aussie Wine Exports to Hong Kong Soar After China Tariff Hit
- Exports to city jump 111% for year as China shipments fall 45%
- China remains Australia’s largest wine market by value
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Australian wine companies may have hit a big roadblock in getting bottles to China because of sky-high tariffs. But the road to Hong Kong appears to be wide open.
Shipments to the city rocketed 111% in the 12 months ended June 30, to A$187 million ($136.7 million), according to the latest data from Wine Australia. That compares with a steep 45% drop in exports to mainland China.