CHERRY BOOM: CHINA OVERCOME THE US AS THE MAIN DESTINATION FOR CHILEAN FOOD

Published 2024년 7월 3일

Tridge summary

Chile has seen a significant increase in cherry exports to China, with the country quadrupling its cherry cultivation area in the past decade to meet demand. This has made China the world's first recipient of Chilean food products, surpassing the United States with exports valued at US$2,567 million as of May 2024, a 16.6% increase from the previous year. China now accounts for 25.7% of Chile's total food export products, followed by Japan, Brazil, and Mexico. Chilean cherry exporters anticipate a further doubling of the cultivation area in the next five years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In China, the giving of cherries is considered a symbol of gratitude, especially as a New Year gift among the wealthiest people. The fever for this fruit is such that Chile quadrupled its hectares in 10 years to export them to the Asian market. The boom is such that Chilean exporters estimate that the cultivation area could double in five years. Furthermore, thanks to the sale of cherries, China, Chile's main trading partner, is now also the first recipient of Chilean foods in the world. This Asian market displaced the United States (USA), a country that historically was the main destination for national food exports, with amounts that as of May 2024 reach US$2,567 million, according to ProChile, based on data from the National Customs Service. The figure, highlights El Mercurio, reflects a growth of 16.6% compared to the January-May 2023 period. In this context, China concentrates 25.7% of the total products that make up this macrosector sent by Chile to the world and that ...

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