Chilean Economy and Foreign Trade. Business in Santiago, Chile
The modern Chilean telecommunications systems, competitive banking sector, good public infrastructure, high-quality services, and skilled workers
accessibility are top factors to attract Foreign Direct Investment
Main Chilean economic sectors are mining, manufacturing, fisheries, and construction
The objectives of the subject “Foreign Trade, Logistics and Business in Chile” are:
To analyze the Chilean Economy, Logistics and Global Trade
To conduct research on business opportunities in Chile
To explore the Chilean trade relations with the student's country
To learn about Chilean Trade Agreements
To examine the profile of the Chilean companies
To develop a business plan for the Chilean Market
The Subject “Foreign Trade, Logistics and Business in Chile” is included within the curriculum of the following academic programs at EENI Global Business School:
Guidelines on Safe Load Securing for Road Transport
International Chamber of Shipping
Customs Convention on Containers - not a member
Inter-American Development Bank
Organization of American States (OAS)
Economic Commission for Latin America (ECLAC)
Africa-South America Summit
East Asia-Latin America Cooperation
Summit South American-Arab Countries
Community of Latin American and Caribbean States (CELAC)
CPLP (observer country)
Pacific Economic Cooperation Council
Organization for Economic Cooperation and Development (OECD)
United Nations
World Bank
World Trade Organization (WTO)
International Monetary Fund
The Republic of Chile is the regional leader in Hispanic America, mainly due to its democratic stability that ensures an excellent environment for business and Foreign Direct Investment (FDI).
Chile has a population of 17 million people
Chilean official language is Spanish
Capital of Chile: Santiago de Chile
Area of Chile: 756,102 km²
Chilean currency: Peso
Chile has borders with Peru (160 kilometers, Concordia Line), Argentina and Bolivia
Chile belongs to Western Civilization - Hispanic American Economic Area.
Chilean Economy.
If anything characterizes the economy of Chile is the continuous path of economic growth, placing it among the thirty most dynamic economies
Chile is one of the lowest-Risk
countries in the World
Chile ranks first in Hispanic America among the most competitive economies in information technology (IT) and communications (World Economic Forum)
Chile ranks fifteenth among the most interesting countries for doing business and Foreign Direct Investment
In the Global Competitiveness Index, Chile took the 28th position out of 134 economies
Chile holds the third place among the ten most successful Latin American and Caribbean Countries in attracting Foreign Direct Investment (UNCTAD)
Since 1990, the Government of Chile has implemented public policies to promote and consolidate businesslike and responsible macroeconomics management, economic openness, and international integration, steady institutions and equitable society in which all the Chilean can enjoy the benefits of economic development
The Economic Growth of Chile has been followed by a severe drop in the public debt,
stabilization of the Chilean foreign accounts and the increase of the Chilean international reserves
These competitive advantages of Chile are reinforced by his open economy that has meant greater competitiveness, growing International Trade and fast integration into global markets
CENCOSUD is one of the largest
Distribution enterprises in Hispanic America, being present in Argentina, Brazil, Chile, and Peru, where the firm has developed a successful multi-strategy.
Chilean International Trade.
Main trading partners of Chile are China, Argentina, Brazil, U.S., Japan, and South Korea
Top Chilean export products are copper, molybdenum, ferromolybdenum;
pulp, salmon, and wine (these products represent 64% of the total Chilean exports)
Fall in international prices of copper (6.9%)
Increase of the agro-food exports
In the last fifteen years, the Chilean services industry has
generated more than 50% of GDP of Chile