Chile has finalized a customs protocol with China, enabling the export of Chilean almonds. This agreement, heralded by President Gabriel Boric, is poised to benefit small and medium-sized almond producers by opening up access to one of the world's largest markets. Central Chile, particularly the O'Higgins and Metropolitan Regions, which together account for 74% of the country's almond cultivation area, is set to play a crucial role in this new trade avenue.
During a state visit to China in October, President Boric secured several agricultural agreements, underscoring the bilateral commitment to expanding trade relations. This move aligns with Chile's strategy to bolster rural economies and prevent urban migration by enhancing agricultural export opportunities. With Chile being a leading exporter of a wide range of fresh temperate climate fruits to China, this new agreement on almonds adds to an already robust trade relationship.
Trade between Chile and China has seen substantial growth, with a 14% average increase since 2017, emphasizing the strategic importance of this partnership. Beyond agriculture, the bilateral trade encompasses a variety of sectors.
Source: alaskacommons.com