China is now Australia’s biggest wine exports market
The massive growth in China’s middle class has been a godsend for the Australian wine industry, with exports jumping 51% in the last year to $474 million, making it the top export market by value for the first time. The rise of China is no more apparent than in the fact that just a decade ago, sales there were worth just $27 million. Wine Australia’s Export Report, released today, reveal double digital growth for local exporters in the 12 months to 30 September 2016, up 10% to a total value of $2.17 billion.