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Chile

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Chile
Map of Chile

Country Facts

Nominal GDP277.02 Billion USD
Population17.56 Million
Total Trade/GDP65.46%
CurrencyChilean Peso (CLP)
Merchandise Imports from Canada808.21 Million CAD
Canadian direct investment16,642 Million CAD
Main importsIntermediate, Consumer & Capital Goods

EDC in Chile

Canadian companies assisted384
International buyers insured566
Business volume1,133.41 Million CAD

Business Environment

Chile is characterized by generally sound regulation, political and economic stability. Chile's foreign-investment regime is considered to be one of the most liberal in the world; according to UNCTAD, in 2012 Chile was the top 11th direct investment destination. Canada has a strong  footprint in Chile, being the 3rd largest investor in the country. Chile also has an open trade policy and its economy is highly dependent on international trade, accounting for about 70% of its GDP. Chile has an extensive portfolio of signed Free Trade Agreements including Canada (1997). The Chilean market presents numerous business opportunities and a favorable investment climate. Canada has a well-established trade and investment relationship with Chile and an increasing number of Canadian companies are active in the market.  There are business opportunities across a wide range of sectors that match Canadian capabilities.

Key Industries

  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Forestry (Lumber, Pulp & Paper)
  • Mining & Metals
  • Power

How we can support your business

Through our representation in Santiago, Chile, we provide on-the-ground support to Canadian companies planning on or currently doing business in Chile. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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