Chile: U.S. Agricultural Exports to Chile Stand Firm
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During the first four months of 2020, U.S. exports of agricultural products to Chile increased by 4.4 percent over the same period in 2019, totaling $335.3 million, pushed by an import surge in bulk and intermediate agricultural products. In contrast, consumer-oriented agricultural products exports decreased by 5.8 percent. Factors behind this decline are related to the COVID-19 pandemic sanitary measures in place since mid-March, and the depreciation of the Chilean peso (CLP) against the U.S. dollar (USD) since October 2019.