Firm Creation, Firm Evolution and Clusters in Chile’s Dynamic Wine Sector: Evidence from the Colchagua and Casablanca Regions



30

markets as with Casa Lapostolle and Montes - though each unit exported has higher
mark-ups than in the very competitive UK industry. Meanwhile, for cheap wine, the
targets are China and Germany.

Table Five: Principal export destinations for wine from Chile

Country

Exports (000 litres)

Exports (000 dollars
fob) ___________:

Price per litre_______

UK

101,680

230,584___________

2.27_____________

USA__________

61,206____________

185,743____________

3.03______________

Germany_________

59,089____________

70,895____________

1.20______________

Canada___________

29,814___________

68,361____________

2.29_____________

Denmark_________

28,609____________

55,614____________

1.94______________

Holland____________

22,471____________

54,233____________

2.41______________

Brazil________________

18,896____________

50,879____________

2.69_____________

Ireland______________

12,183____________

43,890____________

3.60_____________

China_____________

70,658____________

40,196____________

0.57_____________

Japan______________

15,772____________

36,393____________

2.31______________

Venezuela_________

17,914____________

33,290____________

1.86______________

Finland_____________

12,122____________

33,135____________

2.73

Source: Wines of Chi

e (2008)

As you can see Chile has been highly successful in their establishment of export markets.
They sell to eight of the ten highest importers in value terms, and of the two that are not
in this category, Ireland has sales of over 100 million dollars and Brazil has sales of
between $50- $100 million dollars (ODEPA, 2005). From interview data we can see that
companies from both valleys are also aiming at emerging markets such as China
(Bisquertt, Siegel, Casas del Bosque), Korea (Siegel, Bisquertt, Casas del Bosque),
Russia (Luis Felipe Edwards) and India (Casas del Bosque).

Not only have Chilean firms aimed at the most emerging wine consumption markets,
some Chilean firms have also been able to develop their brand successfully in certain



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