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Wine export grants aim to unlock China and US markets

www.barossaherald.com.au by 30/10/2018  

A bolstered wine export grant scheme and 2019’s historically low tariffs are aiming to make China and the US more accessible to Barossan winemakers.

The Federal Government is celebrating its investment of an additional $500,000 in the Wine Export Grants program, taking the total investment to $1.5 million.

The program is designed to support small to medium wine exporters in capturing export opportunities in China and the USA, by offering reimbursement grants for specific export promotion activities.

Small and medium producers can claim up to $25,000 or 50 per cent of the cost of promoting their wine in either country.

The program is part of the Coalition Government’s $50 million Export and Regional Wine Support Package to showcase Australia’s world class wine industry and drive demand.

Australia is the 6th largest wine producer and the 5th largest wine exporter, with two thirds of Australian wine exported. Aussie wine exports are worth more than any time in the past decade up 16% to $2.65 billion.

Member for Barker Tony Pasin, which encompasses areas including the Barossa, Light and Eden Valley regions is encouraging small and medium producers to take advantage of the grants.

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“South Australia produces some of this country’s best wine, a lot of which comes from Barker and we want China and the US to know about it,” Mr Pasin said.

“Australia’s free trade agreements are also opening up new market opportunities for our world- famous wines. The market in China in particular is continuing to expand with the value of wine exports up 55 per cent to $1.12 billion and volume up 47 per cent in the year to June 2018.

“On 1 January 2019, tariffs for Australian wine into China will fall to zero, making it a great time to promote our product,” said Mr Pasin.

“We expect exports to China and the US to keep growing and these grants will keep us competitive,” said Mr Pasin.