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India Chile Business and Cultural Council

Chile is a long, narrow country in South America, stretching along the Pacific coast. Its capital is Santiago. Known for its diverse landscapes, from the Atacama Desert to Patagonian glaciers, and its strong wine industry.

Ambassador and Consul General

Global India Business Forum presented Honorary membership to the Trade Commissioner of Chile Marcela Zuniga. The GIBF team had a fruitful discussion to collaborate with Chile to explore different business opportunities and trade between two countries. Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari attended the meeting.

Copper Ore, Refined Copper, Sulfate Chemical Woodpulp,Fish Fillets, and Pitted Fruits

Refined Petroleum, Crude Petroleum, Cars ($3.46B), Broadcasting Equipment, and Delivery Trucks

ABOUT Chile

ABOUT chile

The Republic of Chile, commonly known as Chile, is a South American country with a unique geographical location. It is a long narrow stretch of land which is bordered by Andes Mountain range to the east and the Pacific Ocean to the west. Chile borders Argentina, Bolivia, and Peru by land. It is the southernmost country in the world and is the closest country to Antarctica. The Pacific islands of Juan Fernández, Isla Salas y Gómez, Desventuradas, and Easter Islands in Oceania are under Chilean control. They also claim about 1,250,000 square kilometers of Antarctica under the Chilean Antarctic Territory. The capital and largest country is Santiago and their national language is Spanish.

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BUSINESS OPPORTUNITIES in Chile

BUSINESS OPPORTUNITIES IN chile

Chile is considered as a developing country. It is among the most economically and socially stable nations in South America. Chile’s diverse economy provides a lot of opportunities. Its industries are largely supported by the B2B sector. Its more traditional sectors like mining have been the cornerstone of their economy. New industries like fintech, e-commerce and biotech are now making a mark on the economy and could prove to be the way forwards.

Exports and Imports in Chile

In May 2024 Chile exported $8.34B and imported $5.4B, resulting in a positive trade balance of $2.94B. Between May 2023 and May 2024 the exports of Chile have decreased by $- 998M (-10.7%) from $9.33B to $8.34B, while imports decreased by $-1.1B (-17%) from $6.5B to $5.4B.

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Top Exports of Chile

In May 2024, the top exports of Chile were Copper Ore ($2.76B), Refined Copper ($1.56B), Commodities not elsewhere specified ($336M), Fish Fillets ($278M), and Carbonates ($264M).

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Top Imports of Chile

In May 2024 the top imports of Chile were Bovine Meat ($370M), Medical Instruments ($288M), Telephones ($274M), Laboratory Reagents ($250M), and Orthopedic Appliances ($216M).

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