Business in Chile

Due to its dynamic business environment, abundance of natural resources and large economy compared to the number of inhabitants, Chile is a perfect place to either start or expand your business in Latin America. It’s is one of the safest and most developed countries on the continent and has been one of the continent’s fastest-growing economies, showing a steady growth in the recent decades. Chile’s focus on global trade and investment and its transparent regulatory environment make it an attractive country to do business with. Chile is the most important supplier of copper in the world, with 40% of Chile’s exports consisting of copper. Other important industries are lithium, other minerals, and agriculture, especially forestry, fruit, nuts, seafood and wine. Chile focuses on implementing innovative solutions that increase productivity in mining and agriculture and are seeking the development of long-term infrastructure strategies as well as the integration of regulation of public and private ports. Having a coastline of over 6.000 km long, ports play a crucial part in the country’s infrastructure, because 90% of the goods enter and leave Chile via maritime routes.