Charts of the Day: China’s Brandy Imports Fall Amid Trade Tiff With EU

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China’s brandy imports fell for the third-straight month in August as Beijing’s anti-dumping investigation into liquor shipments from the European Union continues to hang over the market.

China’s total brandy imports, almost all of which comes from the EU, plunged 38.7% from the same period last year to about 2.6 million liters, according to the latest customs data.

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China’s brandy imports from the EU dropped by 38.7% year-on-year in August due to anti-dumping investigations.
The Chinese government imposed provisional anti-dumping measures on EU brandy imports, requiring security deposits ranging from 30.6% to 39%.
France, supplying 95.4% of brandy to China, has been significantly impacted, with French President Macron calling the probe "pure retaliation."

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