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Export Market

Chile

ISO: CL / CHL

Country Profile

Capital Santiago
Population 20.2M
GDP $330.3B (2024)
GDP per Capita $16,710
Income Level High Income
Currency Chilean peso (CLP $)
Language Spanish
Timezone UTC-06:00
Region South America

Trade Partners

Chile Exports To

  • China 39.0%
  • USA 16.0%
  • Japan 7.0%
  • S. Korea 6.0%
  • Brazil 4.0%

Key exports: copper ore, refined copper, fish, carbonates, pitted fruits (2023)

Chile Imports From

  • China 23.0%
  • USA 20.0%
  • Brazil 10.0%
  • Argentina 7.0%
  • Germany 5.0%

Key imports: refined petroleum, crude petroleum, cars, garments, trucks (2023)

Economic Overview

export-driven economy; leading copper producer; though hit by COVID-19, fairly quick rebound from increased liquidity and rapid vaccine rollouts; decreasing poverty but still lingering inequality; public debt rising but still manageable; recent political violence has had negative economic consequences

Government: presidential republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Chile, providing preferential market access for UK exporters.

Trade Barriers

3 active barriers affecting UK exporters

Lack of regulatory framework for offshore wind energy projects in Chile

The absence of offshore wind regulation and standards in Chile prevents access to the market for UK businesses. There is also uncertainty about the government body that will be in charge of granting concessions and the criteria for the environmental …

Sectors: Energy

Reported: 26 Feb 2024

Cosmetics exports from the UK to Chile restricted due to complex and costly registration and testing procedures

All producers of cosmetics with new ingredients in Chile have to register as a local business entity and file a report of good manufacturing practices. Additionally, new products also need to be registered. When registering, the exporter needs to pay …

Sectors: Consumer and retail

Reported: 2 Sep 2020

Process authorising pharmaceuticals, food and drink, cosmetics and chemicals exports to Chile

The process for authorising - mainly pharmaceuticals, food and drink, cosmetics and chemicals - products exported with the Public Health Institute of Chile (ISP) can require 'sanitary registry', customs destination certificate (certificado de distinacion aduanera) and a UyD (uso y …

Reported: 13 Aug 2020

Geographic Region

Latin America and Caribbean

Trading Bloc Memberships

Chile is a member of the following trade agreements and economic blocs.

CPTPP Comprehensive and Progressive Trans-Pacific Partnership Trade Agreement UK Member PA Pacific Alliance Free Trade Area

Export Guidance

Relevant guidance for exporting to Chile.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇷 Argentina 🇧🇸 Bahamas FTA 🇧🇧 Barbados FTA 🇧🇿 Belize FTA 🇧🇴 Bolivia 🇧🇷 Brazil 🇨🇴 Colombia FTA 🇨🇷 Costa Rica FTA

Official Resources

Government export support for Chile.

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