Chile’s service exports have hit a $2.5B record, while exports of goods increased by 4.7 percent, driven by fresh cherries and fruit.

Recent updates by the Subsecretariat for International Economic Relations (Subrei), Chile has surpassed a new benchmark in its international trade, with exports of services surpassing the record US$218 billion. 2.518 billion. That’s up 18% over the year before. The growth in exports of services is the first time that they have exceeded the amount of US2.5 billion. 2.5 billion, which indicates the strength of this area.

Furthermore, the exports of goods witnessed a notable increase in value, reaching US$ 90,741 millions between January and November, which is an increase of 4.7 percent growth. This is due to the impressive performance of copper concentrates and forestry products, fresh fruits, equipment, and organic foods. Particularly, the exports of fresh fruit are experiencing an increase of 20.3 percentage increase in value, amounting to US$6.968 billion. 6.968 billion. This is due to the higher yields on kiwis apple, grapes and plums and pears, blueberries, avocados, lemons and more.

Cherries are a major factor in the success of this season, with early-season exports reaching 70 million dollars, an increase of 42. The main destinations for exports of these fruits are China as well as China, the United States, and Brazil which have a combined revenue in the range of US$55 million US$8.7 million and US$2.1 million, respectively.

Source: America Economica