Chile's dairy sector: Imports up and exports down in 2020

The Chilean dairy sector registered a negative trade balance in 2020 compared to 2019. According to data released by the Secretariat for Agricultural Studies and Policies (Odepa), dairy imports totaled US $ 349.0 million between January - December 2020, the which in relation to 2019 represents an increase of 15.3%, and an annual increase of US $ 46.2 million in the purchase of dairy products abroad. The main source of dairy imports was the United States, with a market share that reached 22.5% in 2020, which implies purchases of US $ 78.6 million, a value that represents a negative variation of 1.9% in compared to the previous year, and a year - decrease in the year of US $ 1.5 million. Second, with a 21.5% share of total imports, Argentina was consolidated, with a 40.3% growth over the previous year, to US $ 75.1 million, which implies an interannual increase US $ 21.6 million. New Zealand's dairy imports also advanced significantly in 2020. With revenues of $ 60.1 million, New ...