Chile world map

Trade in Chile

 

Chile was the world’s 39th largest exporter of goods and 65th largest exporter of commercial services in 2021. Export values were $94.7 and $6.6 billion USD respectively. Chile’s top export category was fuels and mining products, followed by agricultural products, and manufactures. In 2020, Chile’s main export destination markets for goods and services trade were to China, the United States and Japan, with trade representing 58.5 per cent of GDP. In terms of imports, Chile is the world’s 42nd largest importer of goods and 47th largest importer of commercial services. Import values were $92.2 and $15.8 billion USD respectively in 2021. Chile’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were China, the United States and Brazil. Chile is part of 31 Regional Trade Agreement,  Australia – Chile, Canada – Chile and Chile – China.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Chile

Abbreviation

CL

Capital

Santiago

WTO Membership Date

1 January 1995

Legal System

civil law system influenced by several West European civil legal systems; judicial review of legislative acts by the Constitutional Tribunal

Language

Spanish

Number of Time Zone(s)

3

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Chilean peso

Exchange Rate

Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.
  • Banco BICE - Santiago, Chile - SWIFT: BICECLRM

  • Banco Bilbao Vizcaya Argentaria Chile SA - Santiago, Chile - SWIFT: BHIFCLRMXXX

  • Banco do Brasil Chile - Santiago, Chile - SWIFT: BRASCLRM

  • BankBoston NA Santiago - Santiago, Chile - SWIFT: FNBBCLRM

  • Santander Chile SA - Santiago, Chile - SWIFT: BSCHCLRM

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

  • InvestChile

    Investment promotion agency

    [email protected]
  • PROCHILE-Dirección de Promoción de Exportaciones

    Trade promotion organization (TPO)

    [email protected]
  • Sociedad Elaborada y Comercializadora Fuente Vital Chile Limitada

    Business women's organization

    [email protected]

Copyright Offices

  • Ministry of Education

  • Intellectual Rights Department (DDI)

  • Directorate of Libraries, Archives and Museums

Industrial Property Offices

  • National Institute of Industrial Property

  • Ministry of Economy (INAPI)

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • Servicio Agrícola y Ganadero (SAG)
    Departamento de Asuntos Internacionales
    Phone: +(562) 2345 1577
    Website: http://www.sag.cl

    Avenida Bulnes 140

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • (a) In relation to Technical Regulations (Article 10.1):
    Ministerio de Relaciones Exteriores
    Subsecretaría de Relaciones Económicas Internacionales (SUBREI)
    Contact: TBT Sub-Department
    Phone: +(56 2) 2827 5250

    Bombero Salas 1345
    Piso 11
    Santiago

    [email protected]

Additional Information

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Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

https://www.aduana.cl/arancel-aduanero-vigente/aduana/2016-12-30/090118.html

Last Reviewed: June, 2023

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