From the Chinese Embassy in Australia to do business issued by the Office data show that Australia has become China's second largest wine supplier, currently accounting for 20% of China's market share, second only to France. Australian wine exports to China in 2009 approximately 86 million U.S. dollars, an increase of 50%.
Wine is Australia's third largest exporter of agricultural products. In recent years, Australian wine grape harvest, wine industry oversupply problem, resulting in a serious surplus of wine. Australia hopes to boost exports to alleviate the pressure of excess wine, but with the continued appreciation of the Australian dollar and competition from other wine-exporting countries, so that Australian wine exports decreased in 2009, the joint Australian domestic wine prices have fallen substantially this year the Australian wine grape prices will continue to maintain the decline. Australian Wine Industry Association, said that Australia will not limit the right grape production in Australia will focus on emerging markets in Asia, especially China market development.
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