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Britons Are Guzzling the Australian Wine That Didn t Go to China

(Bloomberg) Australia ramped up wine sales to Europe to a 10-year high, led by a surge to the U.K., which helped the country overcome crippling Chinese tariffs that effectively shut access to its most prized market.The value of exports to Europe climbed 22% last year, according to data from Wine Australia. The standout performer was the U.K. where shipments jumped 29% over the full year after demand increased at the start of the coronavirus pandemic and was boosted in the months leading up to Brexit.The Great British Booze Cruise to France Ends with Brexit, VirusThe higher sales countered a steep slump to China in the final two months of the year. Overall in 2020, wine exports fell just 1% in value even after Beijing imposed tariffs of over 200% on Australian wine in November, wiping out demand from the industry’s most valuable customer and pushing prices lower.China’s Love Affair With Australian Wine Ends in a Messy BreakupThe U.K. extended its lead last year as the bi

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