Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China’s wine imports drop in early ’17

byCT Report
06/04/2017
in Latest News
Share on FacebookShare on Twitter

BEIJING: Bottled wine imports dropped 1.12% year-on-year in volume to 75.3 million litres while value decreased by a further 7.81% to US$353.2 million compared with the same period last year. Sparkling wines continue to slide, dipping 14.79% in volume and 14.01% in value. Bulk wine is the only category that saw robust growth. From January to February, China imported 21 million litres of bulk wines worth US$17.6 million, representing a 39.23% rise in volume and a 37.58% increase in value. Overall wine imports in the country during the period was tallied at US$379.8 million, a year-on-year decrease of 5.79%. In terms of country origins for bottled wines, France still dominates the market with a 42.7% share despite a 12.08% drop in import value to US$150.8 million. Australia, a top performer in the Chinese market, experienced a tepid performance though, dropping 13.9% year-on-year in value to US$86.7 million. Together with Chile, the three countries take up nearly 78% of entire market share.

China’s beer imports fared well. The country imported 63.3 litres of beers, representing a 22.7% increase and its value grew by 17.22% to US$70.8 million compared with the same period. Imported spirits were bullish as well, up 8.81% year-on-year to 8.7 million litres, and a 10.61% jump in value to US$134.8 million.

You might also like

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

08/08/2026

Pakistan begins preparing FATF 2027 performance report

08/08/2026
Tags: China’s wine imports drop in early ’17

Related Stories

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

byCT Report
08/08/2026

ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...

Pakistan begins preparing FATF 2027 performance report

byCT Report
08/08/2026

ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...

High powered Chinese business delegation explores bilateral trade & investment avenues at ICCI

byCT Report
08/08/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for taking Pakistan-China economic...

PRA adopts zero-tolerance policy for implementation of E-IMS

byCT Report
08/08/2026

LAHORE: The Punjab Revenue Authority (PRA) has adopted a zero-tolerance policy for province-wide implementation of the Electronic Invoice Monitoring System...

Next Post

Russia suspends LPG exports to Ukraine due to military concerns

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.