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Exports up, revenue down for 2016-17 cherries from Chile

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By the end of February, total exports were 17% higher, but total FOB returns were 28% down at US$444 million.

The drop is revenue is due to the significantly lower unit price, which was US$4.70 per kilo on average – 38% lower than the previous year.

Exports recovered to all of the country’s top 10 export destinations expect the U.K. and the Netherlands, which saw declines of 2% and 20% respectively.

The vast majority of exports were to China, which received 13% more fruit than last season. Exports to the U.S. also rose 10% to around 6,300MT.

Among the countries that received the strongest year-on-year increases were South Korea,last year, along with Hong Kong, Taiwan and Ecuador.

Exports up until the end of February last season were 81,118MT, while the figure stood at 102,293MT in 2014-15.