Abstract:
Objective/Meaning The level of wine trade between China and Australia was analyzed from the perspective of intra-industry trade, in order to provide ideas for the further development of wine industry in the two countries.
Methods/Procedures The UN Comtrade database was used to describe the current situation of wine trade between China and Australia from 2010 to 2020. The overall level of the intra-industry trade of wine between China and Australia was analyzed through the measurement of G-L index, and the level of the dynamic intra-industry trade of wine between China and Australia was analyzed through the measurement of MITT index.
Results/Conclusions After measuring the trade data and intra-industry trade index of wine industry between China and Australia in the recent ten years, the G-L index of wine intra-industry trade between China and Australia was between 0 and 0.25, indicating that the degree of intra-industry trade was low with a highly vertical division of labor; the MITT index was generally low (less than 0.50), indicating that the degree of intra-industry trade was low, which was manifested as the inter-industry trade. Therefore, the wine industry in China should make good use of the advantages of natural conditions and improve the international competitiveness of wine by digging the latitude line of Chinese golden grapes, and the wine industry in Australia should depend on the positive dialogue and cooperation between the countries to optimize the investment structure in China.