Are you looking for an easy way to ship your cargo to Chile?Choose the best freight forwarder to transport your goods to Chile safely and on time.
Exporting goods to Chile, whether it is for the first time, or on a regular basis, can be a challenging experience.
There are many elements to consider when shipping to a country such as Chile.
If you are in Canada or the US and not entirely familiar with the Latin American market, you should consider a cargo shipping company that knows the business culture, the language, the customs regulations and has a proven track record of success when it comes to freight shipping to Chile.
WHAT CAN YOU EXPECT IN CHILE?
Regulations in Chile are not only very different from the ones in the US or Canada, communication methods and business etiquette are also very distinct:
● Corporate culture in Chile is relationship-driven. Chileans are known as warm, friendly, hard-working people of the utmost ethical standards, they are generally recognized for being easy to deal with. They value personal relationships more than formal business connections which is the norm in the US or Canada. Therefore, it is necessary to nurture business relationships over time, by building trust and friendship.
● Flexibility and spontaneity are also common traits of Chileans although in Chile punctuality is highly valued in business.
● It is also important to consider the language as a possible barrier. Although most highly-educated business executives speak English fluently, the average person speaks only Spanish.
QUICK FACTS ABOUT CHILE (2018)
- Capital: Santiago
- Other Large Cities: Puente Alto, Antofagasta, San Bernardo, Viña del Mar, Temuco, Rancagua, Valparaíso
- Population: 18,729,160 (Urban Population: 87.6%)
- Official languages: Spanish
- Time Zone : GMT - 4
- Currency: Chilean Peso (CLP)
ECONOMIC SNAPSHOT ( Source: IMF - World Bank, 2018)
- GDP: 298.18 billion USD (GDP Growth: 3,9 % / GDP per capita: 15,902 USD)
- Inflation Rate: 2.3 %
- Unemployment Rate: 7,2 %
- Total Imports of Goods: 75.00 billion USD
- FDI Inward Flow: 6.08 billion USD (2% of GDP)
- Ease of Doing Business Score (2019) : 56th / 190
WHY DOING BUSINESS WITH CHILE IS THE RIGHT DECISION
Chile offers a unique and dynamic business environment for companies looking to expand internationally.
As a country that holds free trade agreements with various partners Worldwide, we can classify Chile as one of the most welcoming markets in Latin America. Currently, Chileans have free trade agreements with China, USA, Mexico, Japan, Europe, Canada, Panama, Central America and South Korea. As a result, reduced or zero-rate customs duties are possible when shipping from these countries which turns out to be a huge business opportunity.
Chile is a member of LAIA (Latin American Integration Association) and an associate member of MERCOSUR. Also, it has recently become a member of the Organization for Economic Cooperation and Development (OECD).
The Chilean economy is recognized internationally as one of the most stable, open and competitive in Latin America. The country has built its recent success on the development of mining, agriculture and forestry as its key economic sectors. With the opening of European and Asian markets, the export of copper, forestry products, vegetables, fruit, wine, fishmeal and fish —most notably salmon— have increased significantly and therefore its needs in industrial material and high-end equipment is constantly growing.
The need for shipping to and from Chile has been increasing exponentially during recent years. With LAC by your side you will reinforce your company’s cargo shipping capability to Chile.
Our experienced professionals are very familiar with the market requirements in Chile which is very important to avoid delays during the importation process. We provide you with all the necessary tools to break into the Chilean market, headache free.
BRAZIL TRADE OVERVIEW
- MAIN IMPORTS: Personal and Professional Vehicles, Vehicles Parts & Accessories, Oil crude, Coal, Telecommunication Equipment, Medical Equipment, Meat
- MAIN EXPORTS: Copper, Mineral extracts, Agrochemicals, Fish, Wine, Agriculture products
- INDUSTRIES WITH STRONG BUSINESS OPPORTUNITIES: Mining, Power & Renewable Energy, Retail & Consumer Goods, Transport Infrastructure, Construction,
- PRINCIPAL TRADING PARTNERS: China, USA, Japan, South Korea, India, Argentina, Mexico, Brazil, Peru, Ecuador, Europe (Spain, Netherlands, Germany)