2023
Exports
$1.48BWorld Rnk 7 / 188
Flag Rnk 24 / 1208
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$665MWorld Rnk 16 / 226
Flag Rnk 77 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $1.48B in Wine, making it the 7th largest exporter of Wine in the world. At the same year, Wine was the 24th most exported product in Australia. The main destination of Wine exports from Australia are: United States ($296M), United Kingdom ($271M), Hong Kong ($163M), Canada ($119M), and Singapore ($78.1M).

The fastest growing export markets for Wine of Australia between 2022 and 2023 were Hong Kong ($34.3M), Ireland ($5.86M), and Vietnam ($3.87M).

Imports In 2023, Australia imported $665M in Wine, becoming the 16th largest importer of Wine in the world. At the same year, Wine was the 77th most imported product in Australia. Australia imports Wine primarily from: France ($309M), New Zealand ($230M), Italy ($81.6M), Spain ($11.7M), and United States ($10.5M).

The fastest growing import markets in Wine for Australia between 2022 and 2023 were Thailand ($301k), Indonesia ($156k), and Germany ($109k).

COMPANIES In 2023, leading companies such as Pernod Ricard (111) and Gallo Family Vineyards (39) were at the forefront of shipping Wine from Australia to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wine. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.48B
IMPORTS (2023)$665M
NET TRADE (2023)$814M

In 2023, Australia exported $1.48B in Wine. The main destinations of Australia exports on Wine were United States ($296M), United Kingdom ($271M), Hong Kong ($163M), Canada ($119M), and Singapore ($78.1M).

In 2023, Australia imported $665M in Wine, mainly from France ($309M), New Zealand ($230M), Italy ($81.6M), Spain ($11.7M), and United States ($10.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Hong Kong$34.3M (26.7%)
Ireland$5.86M (22.4%)
Vietnam$3.87M (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Australia WERE (2022 - 2023):
United Kingdom-$90.4M (-25%)
Macau-$67.6M (-81%)
Canada-$43.4M (-26.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Australia's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.1M
TOP IMPORT POTENTIALUnited States+ $8.42M

Wine’s highest export potential is United States. With an export gap of $33.1M.   Wine’s highest import potential is United States with an import gap of $8.42M.

See methodology.

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