Chilean walnut exports climb in H1

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Chilean walnut exports climb in H1

Chilean in-shell walnut exports rose 51% to hit 21,549 metric tons (MT) in the first half of 2015, while a positive growth trend was seen in the first three weeks of July as well. shutterstock_126010661 walnuts square

Statistics from the Office of Agricultural Research and Policy (ODEPA) show Turkey continued to be the leading destination with 16,835MT in purchases, representing year-on-year growth of 87%.

Italy ranked second for imports of Chilean walnuts for the period, with growth of 24% to 2,263MT.

From July 1-23, Chile exported 4,118MT of the nut, compared to 3,685MT for the whole month in 2014.

The situation was different for shelled walnuts, which make up a much lower percentage of Chile's total walnut shipments. For the first six months of 2015, exports were down 11% year-on-year.

Italy, Brazil and South Korea were the main destinations for the processed product, each with a 13-14% share of imports; exports to Italy rose 74% to 575MT, while Brazil and South Korea saw falls of 25%.

Brazil used to be the leading market for shelled walnuts, but its participation fell from 30% to 17% from 2010 to 2014.

South Korea also reduced its imports of U.S. shelled walnuts during the period by some 20% year-on-year; in the East Asian country, the U.S. had 83% of the market, while Chile was the number two player with 17%.

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