Despite the COVID-19 pandemic, in 2020 Chile exported more than $27 billion to China. The amount implies a substantial increase compared to 2019, as shipments grew 21%, the second highest increase in the last 10 years. Furthermore, the resources traded represent a record in sales to that country.
The recent severe weather in central Chile has directly impacted the fruit growing industry, bringing severe losses to peaches, grapes, and blueberries. The chairman of Fedefruta stated that they are facing a loss of up to 50% in table grapes, which is one of the most seriously affected fruits in the fruit sector. The losses of peaches, blueberries, and other fruits are between 60%-100%.
Bottled wine exports to Brazil reached $184 million in 2020, registering a 24% growth compared to 2019. Total Chilean bottled wine exports in 2020 reached $1.5 billion. According to Brazilian market estimates, household wine consumption grew by 900%.
Chile's consumer prices jumped 0.7% in January, boosted primarily by an increase in the price of food, beverages and transportation, the government said. Statistics agency INE said rolling 12-month inflation hit 3.1%, within the central bank's target range of between 2%-4%.
Global solar independent power producer Sonnedix has completed the construction of its largest solar PV plants to date, forming the 170 MW Sonendix Atacama project, located in the Atacama Desert, in Chile. On 30th January, 2021, Sonnedix Atacama started injecting energy into the Chilean National Electric System.