Brexit has caused shock waves and uncertainty across various industries around the world. But it could potentially be beneficial to Australia’s wine makers, the Ideal Wine Company has found.
Strong trade relationship
According to the Australian government, “Australia has a significant relationship with the UK underpinned by our shared heritage, common values, closely aligned strategic outlook and interests.” Data quoted by Business Insider in 2014 shows that the UK is Australia’s seventh largest two way trading partner, ranking ahead of the EU’s largest economy Germany.
Throughout recent years, British consumers have developed a taste for Australian wine. Official data suggests that the UK is the biggest export destination for wine produced in the land down under, by volume. Ideal Wine Company provides a selection of Australian wines, so we have seen first-hand how the country’s finest vintages are becoming increasingly popular with British wine enthusiasts.
Read in full: at the Ideal Wine Company blog site.
