Reported about 1 month ago
Australia's wine exports increased by 34% to A$2.4 billion, the highest value since August 2021, as shipments to China rose after the removal of punitive tariffs. Exports to mainland China saw a significant jump in value, exceeding A$600 million, while overall exports stabilized at A$1.78 billion to other markets. Experts emphasize the need for market diversification despite the growth in exports.
Source: YAHOO