April 16, 2018
Australian wine export values are the highest in a decade, up 16 per cent to $2.65 billion, according to Wine Australia’s latest Export Report.
Assistant Agriculture Minister Anne Ruston said the export numbers were a win for the wine industry and a win for jobs in regional Australia.
She said it was also the first time the value of a single wine market had reached over one billion dollars.
“Exports to China are up 51 per cent over the year to March, now worth $1.04 billion annually,” Minister Ruston said.
“The government anticipates the value and volume of wine exports to China will only grow as tariffs for Australian wine into China will be entirely removed from January 1 next year.”
Minister Ruston said the Federal Government’s $50 million Export and Regional Wine Support Package was also providing support to help wine sellers take advantage of new and emerging markets.
“The package supports a three-year plan to attract 40,000 more international tourists to Australia’s wine regions, which will boost regional economies, increase export values and provide more jobs,” she said.