Chile’s top three exporting partners are China, the United States and Japan while its main importers are China, the United States and Brazil. Chile has signed Free Trade Agreements (FTAs) with several important economies, notably the European Union, the United States, China and South Korea and has been a member of the Pacific Alliance since 2012 with Mexico, Colombia and Peru.
Its comparative economic advantages (revenue from mining, competitive and counter-seasonal agriculture sector) have given it access to the large markets of North America, Europe and the Asia-Pacific (and recently to other South American countries, especially Brazil). Chile also signed a trade continuity agreement with the UK, ensuring continued trade relations.
Although the UK has been trading with Chile for over 200 years, the current situation leaves the UK in ?th position and with a huge opportunity to compete with current incumbents. The sectors currently viewed as the most interesting for UK companies are:
● Agribusiness ● Mining ● Education ● Clean Growth ● Financial Services
● Infrastructure ● Life Sciences ● Tech and Creative Industries
We have provided sector reports for each of these industries for you.