Country Information

Chile

Nominal GDP (2008)
USD 169.5 billion

Population (2008)
16.8 million

Total Trade / GDP
74.9%

Currency
Chilean Peso

Merchandise imports from Canada (2008)
CAD 675.5 million

Main imports
Intermediate goods
Capital goods

+ more

EDC in Chile 2008

Canadian companies assisted
278

International buyers insured
392

Business volume (CAD$)
949.4 M

Country Information

Chile

The Chilean market presents high potential for Canadian companies. Canada has a well established trade and investment relationship with Chile and Canadian companies are active in the market. Business opportunities exist across a wide range of sectors that match Canadian capabilities, including: mining; infrastructure; power; and environmental applications. In addition to these, EDC will look at transactions in any sectors identified by Canadian companies.

EDC's Position

Actively seeking new business
Open under all programs, subject to EDC's regular approval criteria

With representation in Sao Paulo, Brazil, covering the countries of the Southern Cone, EDC is actively providing on-the-ground support to Canadian companies doing business in Chile. EDC has developed strong relationships with major local clients and a good network of local contacts to open doors to Canadian companies.

Growing Your Exports

Information, tools and contacts to help you expand your markets overseas.

Contact EDC

1-888-332-7844
latinamerica@edc.ca

EDC Representative for this location

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Top Ten Potential Sectors from EDC’s Trade Opportunities Matrix

Ranking	Chile	Actual Canadian Exports to Chile 2008 (CAD$)	Canada's Share of Chile Imports (%) (1)	Domestic Market Growth Forecast 2009 (%)	Domestic Market Growth Forecast 2010 (%)
1	ISIC 353 - Reffined Pretroleum Products Chile	31,235,870	1.8	14.1	37.8
2	ISIC 21 & 22 - Energy (oil and gas) Chile	129,580,731	0.92	6.9	36.2
3	ISIC 1 - Agriculture, Hunting, Forestry, Fishing Chile	95,640,719	6.14	25	17.5
4	ISIC 3829 - Other Machinery & Equipment Chile	46,951,532	2.11	12.6	13.8
5	ISIC 383 - Electrical & Electronic Products Chile	31,671,974	1.01	16.7	14.2
6	ISIC 3824 - Special Industry Machinery Chile	22,628,848	0.54	11.6	18
7	ISIC 3823 - Metal & Wood Working Machinery Chile	9,213,665	4.09	12.5	23.6
8	ISIC 341 - Paper & Products Chile	20,940,189	2.76	2.2	6.8
9	ISIC 39 - Jewelry, Musical & Sporting Gds. Chile	4,503,486	0.39	106.3	17.4
10	ISIC 352 - Other Chemical Products Chile	17,171,664	0.95	14	13.9
Where does this information come from? The information displayed in this table is extracted from the Trade Opportunities Matrix (TOM), an EDC tool used to rank opportunities based on a range of economic, financial and industry-specific criteria. It is important keep in mind that the TOM rankings refer to potential export opportunities, which may not reflect actual Canadian exports. TOM is an empirically-based tool that provides an objective and forward-looking analysis of the most attractive markets for Canadian exporters. Using up-to-date economic and financial criteria, TOM ranks Canadian export opportunities in 44 industries, across 69 countries. TOM provides an objective starting point for export market research, which can be used to complement in-depth industry analysis and sector-specific knowledge. Please refer to the TOM background paper for additional details.