In the year to March 2025, the recovery of China - Australia trade has brought good news to the Australian wine and lamb industries. The export value of Australian wine to China has soared by 1.01 billion Australian dollars to 1.03 billion Australian dollars. The return of leading wine companies such as Treasury Wine Estates has been the key driving force, leading to a 41% increase in the total export value of Australian wine to 2.64 billion Australian dollars.
Meanwhile, a breakthrough has been made in the meat trade between China and Australia. Ten Australian slaughterhouses have obtained the qualification to export to China for the first time, with seven of them located in Victoria. The Chinese market now accounts for 37% of Australia's lamb exports. Analysts believe that this is not only a counter - measure to avoid the 10% global tariff of the United States but also a move for China to diversify supply chain risks. The Australian Meat Industry Council claims that this is the largest market expansion in recent years and looks forward to more access in the fields of beef and its by - products in the future.
Currently, China has firmly established itself as the largest single - country buyer of Australian wine and lamb. The continuous warming of China - Australia trade is of great significance for the development of related industries in Australia, and it is also expected to further promote the economic and trade cooperation between the two countries in more fields.
