Chile to crack the UAE’s walnut market following COVID-19

  • Date: 27-Sep-2020
  • Source: Business Live ME
  • Sector:Financial Markets
  • Country:UAE
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Chile to crack the UAE’s walnut market following COVID-19

Chile to crack the UAE's walnut market following COVID-19

Chile is doubling its efforts to become the UAE's exporter of choice regarding dried fruits, particularly walnuts,  with the launch of a new campaign to showcase the superior quality and ultimate health benefits the nut offers.

The popularity of Chilean walnuts has surged in recent years, with the country the leading exporter in the southern hemisphere, and now the second-largest exporter in the world behind Australia, exporting over 111 million tonnes in 2019.

In the UAE, the value of exported dry fruits from Chile increased by 75% from US$25 million in 2018 to US$43.8 million in 2019, primarily attributed to walnuts, which made up 76% of the total dried fruit exports to the UAE.

According to yield estimates based on the planted area and average