China now our leading wine export market

Australia’s 1743 active wine exporters sold 10pc more wine in offshore markets to achieve export sales of $2.17 billion for in the past year. Mainland China has outstripped the United States as the leading destination for Australian wine exports for the first time, with the soaring industry-wide sales momentum providing a further boost for Penfolds owner Treasury Wine Estates. Exports by Australian wine producers to China jumped by 51 per cent to $474 million in the 12 months to September 30 overtaking the US, which increased by 4pc to $448m.