Australia’s $1.3 billion-a-year wine exports to China, about 20% of the national crop, is facing a massive hit from the the COVID-19 virus (coronavirus). Exporters say sales are down by as much as 90% in the first two months of this year. If the crisis continues, millions could be lost by year's end.
The sales drop comes on the back of the disastrous bushfire season that has seen tracts of vines burnt out and a substantial amount of other grapes affected by smoke taint.
The virus has hit at least 30 countries around the world including Australia, infecting more than 68,000 people and resulting in more than 1700 deaths.