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CHILE: Wine exports up 2.8% in July

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The value of Chilean wine exports increased by 2.8% in July compared to the same period in 2001, according to new figures from wine exporters' association Chilevid.

In the same month exports by volume increased by 16.2% compared to 2001, indicating that prices have dramatically failed to keep pace with the increase in shipments. The average per-litre value of Chilean wine fell from $1.92 in 2001 to $1.70 in 2002.

Chilevid also announced a 7.7% increase in export sales to North America and a 2.2% increase in exports to Europe. The exporters' association expressed concern, however, at falling sales to two of Chile's key markets, the UK and Germany, which registered falls of -7.0% and -19.4% respectively.


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