Key Sectors in Chile
Mining
Throughout Chile's history, mining has consistently been a leading industry in the country. The Chilean government strongly supports foreign investment in the sector and has modified its mining industry laws and regulations to create a favorable investing environment for foreigners. Thanks to a large amount of copper resources, progressive legislation and a healthy investment environment, Chile has become the copper mining capital of the world, producing over 1/3 of the global copper output. Read more
Agrobusiness
Chile's position in the Southern Hemisphere leads to an agricultural season cycle opposite to those of the principal consumer markets, primarily located in the Northern Hemisphere. Chile's extreme north-south orientation produces 7 different macro-regions distinguished by climate and geographical features, which allows the country itself to stagger harvests and results in extended harvesting seasons. Through Chile's trade agreements, its agricultural products have gained access to a market controlling 77% of the world's GDP and by approximately 2012, 74% of Chilean agribusiness exports will be duty free. Read more
Salmon
Chile is the second largest producer of salmon in the world. As of August 2007, Chile's share of worldwide salmon industry sales was 38.2%, rising from just 10% in 1990. The average growth rate of the industry for the 20 years between 1984 and 2004 was 42% per year. The presence of large foreign firms in the salmon industry has brought what probably most contributes to Chile's burgeoning salmon production, technology. Technology transfer has allowed Chile to build its global competitiveness and innovation and has led to the expansion of production as well as to an increase in average firm size in the industry. Read more
Forestry
The Chilean forestry industry grew to comprise 13% of the country's total exports in 2005, making it one of the largest export sectors for Chile. Radiata Pine and Eucalyptus comprise the vast majority of Chile´s forestry exports. Within the forestry sector, the largest contributor to total production is pulp, followed by wood-based panels and lumber. Due to popular and increasing demands for Chile's forestry products, the government is currently focusing on increasing the already vast acreage of Chile's Pine and Eucalyptus plantations as well as opening new industrial plants, with the goal to double exports in the next decade. Read moreMining
Throughout Chile's history, mining has consistently been a leading industry in the country. The Chilean government strongly supports foreign investment in the sector and has modified its mining industry laws and regulations to create a favorable investing environment for foreigners. Thanks to a large amount of copper resources, progressive legislation and a healthy investment environment, Chile has become the copper mining capital of the world, producing over 1/3 of the global copper output. Read more
Agrobusiness
Chile's position in the Southern Hemisphere leads to an agricultural season cycle opposite to those of the principal consumer markets, primarily located in the Northern Hemisphere. Chile's extreme north-south orientation produces 7 different macro-regions distinguished by climate and geographical features, which allows the country itself to stagger harvests and results in extended harvesting seasons. Through Chile's trade agreements, its agricultural products have gained access to a market controlling 77% of the world's GDP and by approximately 2012, 74% of Chilean agribusiness exports will be duty free. Read more
Salmon
Chile is the second largest producer of salmon in the world. As of August 2007, Chile's share of worldwide salmon industry sales was 38.2%, rising from just 10% in 1990. The average growth rate of the industry for the 20 years between 1984 and 2004 was 42% per year. The presence of large foreign firms in the salmon industry has brought what probably most contributes to Chile's burgeoning salmon production, technology. Technology transfer has allowed Chile to build its global competitiveness and innovation and has led to the expansion of production as well as to an increase in average firm size in the industry. Read more
Forestry
The Chilean forestry industry grew to comprise 13% of the country's total exports in 2005, making it one of the largest export sectors for Chile. Radiata Pine and Eucalyptus comprise the vast majority of Chile´s forestry exports. Within the forestry sector, the largest contributor to total production is pulp, followed by wood-based panels and lumber. Due to popular and increasing demands for Chile's forestry products, the government is currently focusing on increasing the already vast acreage of Chile's Pine and Eucalyptus plantations as well as opening new industrial plants, with the goal to double exports in the next decade. Read more