Welcome to Chile. A business stepping stone into Latin America, Chile is a market-oriented economy with the highest foreign business presence in the region. It’s open to investment and has stable politics, a strong economy and robust legislation.
Food, tourism, services, energy, mining, agribusiness and more, Chile is home to significant opportunities in different sectors for New Zealand businesses. If you’d like to find out more about this market, download our Chile market guide on this page.
Here's a snapshot - you can find more detailed data in our guide.
|Export market ranking||NZ's 42nd biggest export market (20161)|
|Free trade agreements||
P4 (Trans-Pacific Strategic Economic Partnership)
|Ease of Doing Business ranking2||57 of 190|
|Corruption Perceptions Index ranking3||26 of 180|
Getting to Chile
Qantas Airways and LATAM Airlines fly direct from Auckland to Santiago, Chile’s capital and largest city. Other airlines offer non-direct flights. Flight time is around 13 and a half hours.
When to visit
A lot of locals take their holidays around January and February so parts of Chile can seem quiet. Other times of the year see public holidays with a huge influx of visitors. It’s a good idea to look at Chile’s national holidays to see when businesses may be closed.
Before you go, check Safe Travel for travel advisories on Chile.
The business environment in Chile is generally more formal and slower than in New Zealand. Here are a couple of important differences in culture that may help:
Building business relationships
Chileans like to build relationships and trust first – so start with talking about non-business topics and see where things go! When meeting and greeting, people from Chile are typically warm and enjoy a similar response from visitors.
Making business decisions
Negotiation in Chile is a serious matter. Being open, without being rude, will help. Being prepared to compromise is also important as it shows the relationship is valued more than the financial elements of the deal. Decisions are usually made at the top level and not always in meetings so it’s important to have all necessary information documented.
You’ll find more details about business culture in our guide on this page.
Getting the most out of your visit means hitting the ground running. Co-working is an excellent option if you’re staying put for more than a few days. Facilities vary, but typically you can expect a desk, and access to wifi, printer / scanner, tea / coffee and a lounge area. Some facilities may offer extended perks such as parking and on-site cafes. If you’re visiting the market solo, it also means the chance to work in the company of other like-minded business people and freelancers. Co-working spaces can be searched by city on Nomad List.
Connect with NZTE in Chile
If you’re an NZTE customer and preparing to visit Chile, please get in touch with your Customer Manager to discuss your plans and possible areas of assistance. If you don’t have a Customer Manager, contact our Advisor Team for more information.
New Zealand's relationship with Chile
If you're looking for more information about our trade and diplomatic relationship with Chile, take a look at the Ministry of Foreign Affairs and Trade website. Their Chile page is packed with information, including a list of embassies and recent official visits.