Chilean wine exports reach 1.5 billion USD in 12 months, but profits down
Chilean wine exports reach 1.5 billion USD in 12 months, but profits down
Oct 7, 2010 6
Chilean bottled wine exports soared 33.3% and 25.8% during August in volume and value helping to reach the 1.5 billion US dollars and 749 million litres in the last twelve months, with 18.9% and 11.2% increases in volume and value according to the latest release from Vinos de Chile.However wineries have warned that at the current exchange rate for the US dollar in Chile, the industry faces serious profitability challenges.
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