Chile’s Fine Wine Exports Surge 19%
Chile’s Fine Wine Exports Surge 19%
Jun 24, 2011 6
SANTIAGO – Chile’s exports of denomination of origin wines soared 19 percent to $503.9 million in the January-May period, compared to the same period in 2010, the Agriculture Ministry said Thursday.
Export volume totaled 151 million liters (39.8 million gallons) during the first five months of this year, up 9.1 percent from the same period in 2010, the ministry’s Office of Agricultural Research and Policy, or Odepa, said.
Prices have also been rising and exports of fine wines could total about $1.4 billion this year, Odepa director Gustavo Rojas said.
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