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CHILE: Bottled wine exports rise strongly in 2010

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Exports of bottled wine from Chile rose strongly in value terms during 2010, according to recent figures from trade body Wines of Chile.

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Bottled wine exports for the 12 months to the end of December rose by 12% on 2009, to US$1.27bn, Wines of Chile said today (7 February). In volume terms, exports rose by 11% to 47.3m cases.

The figures show that global demand for Chilean wine remains buoyant, despite reports that small-to-medium wineries face financial difficulties caused by Chile's strong peso currency.

The UK was the top importer of bottled Chilean wine in value terms, claiming a 16.7% share of exports and overtaking the US, which led demand in 2009. Exports to the UK rose by 7% in value and 3% in volume during the year, while bottled exports to the US only rose by by around 2% in both volume and value.

These two countries account for around a third of Chile's bottled wine exports by value.

Elsewhere, Chilean producers made strong gains in China, where exports leapt by around 70% in value ($37.4m) and volume (1.2m cases). There were also double-digit rises in Japan and Canada. Germany was the only 'top ten' importer of bottled Chilean wine to report a decrease in the value of orders during the year.


Sectors: Wine

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