Australian wine exports increased by 17% to AU$2.2bn in 2023-24, the highest since September 2021, while volume remained steady at 619 million litres, according to Wine Australia’s Export Report.
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Chilean wine exports saw a resurgence in early 2024, according to the Spanish Wine Market Observatory (OEMV). From January to March, the volume of Chilean wine exports rose by 9.6% and its value increased by 3.3%, reaching 184.6 million litres and $366.3m respectively. This comes after a challenging 2023, where export values fell 20% to $1,525.9m, and volumes dropped 18% to 682 million litres.
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The Chinese Commerce Ministry has confirmed that China will end three years of anti-dumping and anti-subsidy tariffs on Australian wine from March 29.
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