Over the past few years, approximately 3600 different Australian wines have entered the Thai market, all of which have had to undergo onerous testing for a wide range of substances. However the Federal Government has recently announced a simpler process for Australian wine producers exporting into...
The proposed trade agreement between Australia and the European Union will not proceed after negotiations failed to achieve the desired outcome. Whilst discussions have been underway since 2018, the proposed trade deal was believed to have disadvantaged Australian farmers, as it did not let enough of...
In what is welcome news to the Australian wine industry, China has announced that it will commence the review of tariffs on Australian wine imports from 30 November 2023. China’s wine tariffs originally came into effect November 2020, and imposed a charge, which started at 107.1%...
Whilst the Australian wine industry has grown, producing 1.3 billion litres in 2022, with more than 2,000 wineries employing 164,000 people and contributing AU$40 billion annually to the economy*, it has also simultaneously seen exports decrease by 10%, to AU$1.86 billion in the year to...
The recent announcement by the Prime Minister of China that it will expedite a review of the 220% wine tariff on Australian wine, as well as the Australian government's suspension of its action in the World Trade Organization has seen optimism increase around the removal...
In another sign of improving trade relations between China and Australia, China has lifted its ban on Australian hay exports. Following a two-year ban that saw hay exports to China fall from 360,000 metric tonnes per year (worth $160million) to 60,000 tonnes per year, this trade...
The first six months of 2023 has seen Australian wine exports into Hong Kong increase by 34.9%, reaching HK$799.19 million in value and over 20% market share in Hong Kong’s imported wine market, in comparison to the same time last year. This market growth is significant...
With the recent removal of tariffs on Australian hay and barley, hopes are growing for an easing of wine tariffs, which have been in place since 2021. With an upcoming trip to China scheduled for Australia’s Prime Minister Anthony Albanese and recent business dialogue between the...
The Australian Government recently launched its trade strategy for South-East Asia. This strategy highlights both the fact that Australia’s current trade and investment in this region is underdone and that there are significant prospects for Australian businesses to expand in these markets. The current level of...
Australian Food & Wine Collaborators has received a $600,000 Agricultural Trade and Market Access Cooperation (ATMAC) grant to promote Australian food and wine overseas. This collaborative group consists of rural research and development corporations and five agricultural peak bodies: Dairy Australia, Meat & Livestock Australia, Wine...