Chilean cherry exports projected for a 13% year-on-year increase in MY 2020/21

The U.S. Department of Agriculture’s Foreign Agricultural Service recently published a report forecasting and analyzing the production and trade of Chilean cherries in marketing year (MY) 2020/21. With respect to trade, Chilean cherry exports hit a record high in MY 2019/20, totaling 228,923 tons and $1.2 billion, year-on-year increases of 27.2% and 43%, respectively. However, the report anticipates further growth in MY 2020/21, with a predicted export volume of 259,000 tons, representing a 13% year-on-year increase.

Source: Produce Report