Chile’s grape exporters turn disaster into success 

A couple of months ago, Chile’s grape sector was looking at a potentially disastrous campaign, given the loss of the lucrative Chinese market. However, suppliers wasted no time in finding other markets and has successfully diverted supplies to the EU and the US. In fact, shipment volumes of Chilean grapes to the EU are up 40%, while exports to the US have risen by 7% from the same period last year. Exporters have also been aided by the weak Chilean peso, which has made its products relatively cheaper for overseas traders.