Losses could reach $100 million for Chilean exports

The epidemic of Coronavirus which affects China is also impacting the Chilean fruit industry which estimates that the fall in export revenues could total $100 million.

 

 

In Chile, a meeting analyzed the export situation in the face of the coronavirus affecting China. ASOEX (Asociación de Exportadores de Frutas) said the fruit industry could experience a drop in export earnings of nearly $100 million.

 

 

 

In China, only 249 containers of cherries from the chain's existing fruit stock were sold. In addition, prices were lower than expected. If the current trend continues, the drop in revenues for cherry exports could be between $70 and $80 million. Adding the other fruits, the losses could reach $100 million.

 

 

 

As a result of congestion in Chinese ports, ASOEX said that "there is a concern about the fruit in transit to China, which we estimate at 1,600 containers, whose arrival dates will be between the current week and March 15. These are 59 containers of blueberries, 173 of cherries, 872 of plums, 387 of nectarines, 30 of avocados and 134 of table grapes. "