Chile represents a potential growth market for New Zealand exporters in a variety of industries. Helping to promote this growth is the Trans-Pacific Strategic Economic Partnership (SEP), which establishes a free trade area spanning Asia, Latin America and the Pacific. Both New Zealand and Chile are signatories.
In this section, you will find a country brief with an economic overview and highlighted business opportunities, and market research for the agritechnology industry, applied specifically to New Zealand companies interested in doing business in Chile.
Chile country brief
Chile is the lowest risk country in Latin America. It has overall economic balance, prudent fiscal and monetary policies, a robust financial system and a relatively high internal savings rate.
Chile is a mining country. Mineral exports from the northern regions, predominantly copper, represent close to half of the country’s foreign exchange earnings.
It is expected that New Zealand exports of non-dairy products will continue to grow, including food ingredients, pasture seeds and genetic material for the beef and dairy sectors. Flowering bulbs, telecommunications equipment, expertise and equipment for food processing and agritech products are also expected to do well.