News / Cheers – good news for Oz wine producers as China lifts import tarfiffs

© Kartos

A lifting of import tax on Australian wine into China could help relieve a struggling industry down under – but a huge increase in consumption is needed to make up for lost time.  

Last week, the Chinese government abolished the heavy tariffs applied to Australian wine imports, introduced in 2021 to target “anti-competitive behaviour”. 

Trade Data Service (TDS) reported the tariffs increased the cost of the wine by around 175%. Previously, about 40% of Australian wine exports, by value, went to ...