Chile's bottled wine export value fell 10.9% in July after U.S. shipments sank 36%.

Chile's bottled wine exports took a sharp hit in July, with overall export value dropping 10.9% compared to the previous year. The damage was driven by a dramatic 36% plunge in shipments to the United States, Chile's biggest export market. The data signals significant headwinds for Chilean producers and exporters serving North America.