Chile reports 'modest' export growth in UK

08 December, 2008

Chile's wine exports to the UK have shown "modest but respectable" growth despite failing to keep pace with global shipments.

Statistics released by Vinos de Chile show that in the year to October 2008 the value of Chile’s exports grew by 14.2% over the previous year to US$1.4 billion.

The UK remains Chile's most important export market but value growth here was restricted to 2.5% over the period.

The value of exports of bottled premium wine, which remains the mainstay of Chile’s strategic objectives, increased by 12.8% and in the UK by 3.2%.

Michael Cox, Wines of Chile’s UK director, said Chile was managing to offer good value for money.

“Despite the challenging trading conditions, it is increasingly evident that Chile’s ability to deliver consistently good and natural wines at fair prices is striking a chord with both the trade and the value-conscious consumer,” he said.

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