Free trade agreements with about 65 economies, including the US, China, Japan, Korea and Canada
EUโChile Interim Trade Agreement (in force 2025)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Pacific Alliance (with Colombia, Mexico and Peru)
Trade policy to watch
Lithium: under the National Lithium Strategy, the state takes a controlling role in new lithium projects, including through Codelco.
Copper: state-owned Codelco and private miners are investing to hold output as ore grades fall.
Open trade: Chile has very low tariffs and one of the widest networks of trade agreements.
Energy
Renewables, mainly solar, hydro and wind, produce about two-thirds of Chile's electricity, and coal plants are being retired. Chile imports most of its oil and gas.
What it means for your supply chain
Chile is a key source of copper cathode, copper concentrate and lithium.
Low-carbon power helps Chilean copper report lower emissions.
Earthquakes and long shipping routes are the main logistics risks.
Sources
IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
IMF, World Economic Outlook database: population (2026 estimate).
Trading Economics, based on UN Comtrade data: export markets and main exports; shares calculated from the listed values.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.