{"id":139,"date":"2022-04-01T17:04:46","date_gmt":"2022-04-01T17:04:46","guid":{"rendered":"https:\/\/britcham.cl\/pruebas\/?page_id=139"},"modified":"2026-04-23T14:00:25","modified_gmt":"2026-04-23T17:00:25","slug":"market-challenges","status":"publish","type":"page","link":"https:\/\/britcham.cl\/es\/market-challenges\/","title":{"rendered":"Market Challenges"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"139\" class=\"elementor elementor-139\" wpc-filter-elementor-widget=\"1\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d479acd e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"d479acd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f556cd elementor-widget elementor-widget-text-editor\" data-id=\"3f556cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"container_small with_space white\"><div class=\"wswig actual_content bottom_in\"><h4><strong>MARKET CHALLENGES<\/strong><\/h4><h4>\u00a0<\/h4><h4 class=\"p1\"><span class=\"s1\">UK companies seeking to export to Chile may be surprised by the high degree of competition that already exists in the market.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Compared to regional competitors such as Brazil and Mexico, Chile has a relatively small population, but its open trade policy has attracted interest from many foreign companies and investors.<\/span><\/h4><h4 class=\"p1\"><span class=\"s1\">A relatively small number of economic groups and families control a disproportionately high percentage of Chilean businesses. Culturally Chileans are very conservative, and this also applies to the way they engage with and do business. They will not make hasty or risky decisions, and time must be allowed for due process to take place.<\/span><\/h4><h4 class=\"p1\"><span class=\"s1\">However, Chileans are extremely interested in new technology, are early adopters, and are prepared to pay high prices for premium products and services. British products have a good reputation, and the Union Jack sells well. There is high disposable income in the middle and upper classes, and luxury goods are highly sought after.<\/span><\/h4><h4 class=\"p1\"><span class=\"s1\">Although bureaucracy has been reduced to make it easier for international businesses to engage, forms of contract, government procurement processes and even day to day transactions are sometimes difficult for foreigners to navigate. Many companies have been successful entering the market by finding and engaging local distributors or agents to get them started. Strangers to the Latin system are surprised by the time required in notaries waiting for signatures to be formally witnessed.<\/span><\/h4><h4 class=\"p1\"><span class=\"s1\">Some specific barriers to entry that have been experienced recently relate to:<\/span><\/h4><h4>\u00a0<\/h4><h4><a href=\"https:\/\/britcham.cl\/es\/doing-business-in-chile\/chile-market-overview\/market-challenges\/#difficulties\">DIFFICULTIES WITH ACCESSING THE PROCUREMENT MARKET<\/a>\u00a0\/\u00a0<a href=\"https:\/\/www.chilecompra.cl\/\">(CHILECOMPRA PLATFORM)<\/a><\/h4><h4><a href=\"https:\/\/britcham.cl\/es\/doing-business-in-chile\/chile-market-overview\/market-challenges\/#complex_registration\">COMPLEX REGISTRATION PROCEDURES UNDER THE CHILEAN PUBLIC HEALTH INSTITUTE \u2013 (ISP)<\/a><\/h4><h4><a href=\"https:\/\/britcham.cl\/es\/doing-business-in-chile\/chile-market-overview\/market-challenges\/#pending_pharma_regulations\">PENDING PHARMACEUTICALS REGULATION AFFECTING REGISTRATION, PACKAGING AND BRANDING.<\/a><\/h4><h4><a href=\"https:\/\/britcham.cl\/es\/doing-business-in-chile\/chile-market-overview\/market-challenges\/#double_certification_required\">DOUBLE CERTIFICATION REQUIRED FOR BROAD SPECTRUM OF ELECTRICAL GOODS<\/a><\/h4><h4><a href=\"https:\/\/britcham.cl\/es\/doing-business-in-chile\/chile-market-overview\/market-challenges\/#new_alcohol_law\">NEW ALCOHOL LAW<\/a><\/h4><h4>\u00a0<\/h4><h4 class=\"p1\"><span class=\"s1\">Recently and because of the pandemic, freight charges have soared, making it difficult for low value high volume products to compete with regionally produced goods. Since the UK left the EU, small businesses are temporarily finding it more difficult to consolidate their cargo which was previously done in European ports such as Rotterdam.<\/span><\/h4><\/div><\/div><div class=\"image-container bottom_in\"><img decoding=\"async\" class=\"special_lazy \" src=\"https:\/\/britcham.cl\/cms\/wp-content\/uploads\/2022\/04\/ISM1764-3000-scaled.jpg\" data-lazy=\"https:\/\/britcham.cl\/cms\/wp-content\/uploads\/2022\/04\/ISM1764-3000-scaled.jpg\"  alt=\"ISM1764 3000 Scaled\"  title=\"Market Challenges\" \/><\/div><div class=\"wswig actual_content bottom_in\">\u00a0<\/div><div class=\"container_small  with_space\"><div class=\"wswig actual_content bottom_in\"><h4 id=\"difficulties\">Difficulties with accessing the public procurement market<\/h4><h4 class=\"p3\"><span class=\"s1\">Most public tendering is done through the \u201cChileCompra\u201d online system which has some challenging issues for foreign companies, such as registration; notarisation of a large selection of documents; academic qualifications of non-Chilean professionals not being recognised; and the tight deadlines for bids (10 to 14 days).<\/span><\/h4><h4 class=\"p3\"><span class=\"s1\">However, assistance can be sought from the Department of International Trade (DIT) or the British Chilean Chamber of Commerce to ensure compliance with the requirements.<\/span><\/h4><h4>\u00a0<\/h4><h4 id=\"complex_registration\"><strong>Registration procedures<\/strong><\/h4><h4 class=\"p1\"><span class=\"s1\">Complex r<\/span><span class=\"s2\">egistration procedures under the Chilean Public Health Institute (ISP) affect a variety of sectors and products, including foodstuff, cosmetics, pharmaceuticals, international medical goods, chemicals, etc.<\/span><\/h4><h4 class=\"p1\"><span class=\"s2\">Import procedures ask for a \u201cCustoms destination certificate\u201d (certificado de destinaci\u00f3n aduanera) issued by the Chilean Health Ministry (MINSAL). It requires details about the destination, and the route and means of delivery (vehicle and driver) from the customs warehouse. Once the products are in the destination warehouse, a resolution must be granted by the Health Ministry to authorise the use, consumption and distribution of imported products.<\/span><\/h4><h4 class=\"p1\"><span class=\"s2\">Some examples are:<\/span><\/h4><ol class=\"ol1\"><li class=\"li3\"><h4><span class=\"s4\">Testing procedures for Cosmetics and perfumery products\u00a0<\/span><\/h4><\/li><\/ol><h4 class=\"p1\"><span class=\"s2\">Even if they have been comprehensively tested in their countries of origin, Chilean authorities insist on re-testing the products in Chile. They must have a sanitary authorisation from the Ministry of Health and be registered with the Public Health Institute (ISP) before commercialisation. For most registrations, the importer must cover the costs of about US$1.000 per product. For hygiene products, such as soaps, the cost is US$ 60 per product.<\/span><\/h4><ol class=\"ol1\"><li class=\"li3\"><h4><span class=\"s4\">Approval procedures for international medical goods<\/span><\/h4><\/li><\/ol><h4 class=\"p1\"><span class=\"s2\">All medicine and some medical devices need to be approved by the ISP before they can be exported to Chile. The process is sometimes cumbersome, and it can take up to a year for approval to be granted<\/span><span class=\"s5\">.<\/span><\/h4><h4>\u00a0<\/h4><h4 id=\"pending_pharma_regulations \" class=\"p1\"><span class=\"s1\">Pending Pharmaceuticals Regulation affecting registration, packaging, and branding.<\/span><\/h4><h4 class=\"p3\"><span class=\"s1\">New legislation (Pharmaceuticals Bill II) due to become law in 2022 proposes to ban the advertising of Over the Counter (OTC), branded medicines. It also mandates changes to the packaging which will limit product branding for OTC and prescription medicines and focus only on the main ingredient\/generic description. It also includes price regulation of pharmaceutical products, among other provisions. Also see:<\/span><\/h4><h4 class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/www.oecd.org\/economy\/surveys\/CHL_OECD_policy_actions_affordable_and_accessible_pharmaceuticals.pdf\">https:\/\/www.oecd.org\/economy\/surveys\/CHL_OECD_policy_actions_affordable_and_accessible_pharmaceuticals.pdf<\/a><\/span><\/h4><h4 class=\"p2\"><span class=\"s1\"><a href=\"https:\/\/pharmaboardroom.com\/legal-articles\/regulatory-pricing-and-reimbursement-chile\/\">https:\/\/pharmaboardroom.com\/legal-articles\/regulatory-pricing-and-reimbursement-chile\/<\/a><\/span><\/h4><h4>\u00a0<\/h4><h4 id=\"double_certification_required\" class=\"p1\"><span class=\"s1\">Double Certification required for broad spectrum of Electrical Goods<\/span><\/h4><h4 class=\"p3\"><span class=\"s1\">According to the SEC (Electricity and Fuel Agency), all electrical products must be locally certified. This applies even if they had been approved in their country of origin the original certification is in line with international standards already followed by Chile. These additional test procedures increase import expenses and transactional costs, and sometimes expensive samples can be damaged preventing their sale.<\/span><\/h4><h4>\u00a0<\/h4><h4 id=\"new_alcohol_law\" class=\"p1\"><span class=\"s1\">The New Alcohol Law<\/span><\/h4><h4 class=\"p5\"><span class=\"s1\">A new alcohol law (21.363), which came into force on the 6th of August 2021. It includes new provisions for health warning labels, and restrictions on television\/radio advertising and sports sponsorship, among others. Chile is currently drafting the \u201cImplementation Regulation\u201d which must be delivered within 1 year.<\/span><\/h4><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MARKET CHALLENGES \u00a0 UK companies seeking to export to Chile may be surprised by the high degree of competition that already exists in the market.\u00a0\u00a0Compared to regional competitors such as Brazil and Mexico, Chile has a relatively small population, but its open trade policy has attracted interest from many foreign companies and investors. A relatively<\/p>\n","protected":false},"author":6,"featured_media":515,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_uag_custom_page_level_css":"","site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-139","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-scaled.jpg",2560,1707,false],"thumbnail":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-150x150.jpg",150,150,true],"medium":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-300x200.jpg",300,200,true],"medium_large":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-768x512.jpg",768,512,true],"large":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/britcham.cl\/pruebas\/wp-content\/uploads\/2022\/04\/ISM1764-3000-2048x1365.jpg",2048,1365,true]},"uagb_author_info":{"display_name":"Isabel Juppet","author_link":"https:\/\/britcham.cl\/es\/author\/isabel-juppetbritcham-cl\/"},"uagb_comment_info":0,"uagb_excerpt":"MARKET CHALLENGES \u00a0 UK companies seeking to export to Chile may be surprised by the high degree of competition that already exists in the market.\u00a0\u00a0Compared to regional competitors such as Brazil and Mexico, Chile has a relatively small population, but its open trade policy has attracted interest from many foreign companies and investors. A relatively","_links":{"self":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/comments?post=139"}],"version-history":[{"count":8,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/139\/revisions"}],"predecessor-version":[{"id":10228,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/pages\/139\/revisions\/10228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/media\/515"}],"wp:attachment":[{"href":"https:\/\/britcham.cl\/es\/wp-json\/wp\/v2\/media?parent=139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}