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CHILE Its Land, People and Business Opportunities SOUTH AMERICA CHILE

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CHILE Its Land, People and Business Opportunities SOUTH AMERICA CHILE CHILE Its Land, People and Business Opportunities SOUTH AMERICA CHILE Area • Slightly larger than the area of Texas • Over 4,000 miles of coastline Santiago Population 17,460,491 Language Spanish Currency Chilean peso EXPLORING CHILE EXPLORING CHILE: NORTHERN ZONE • Vast mineral wealth • World capital of astronomy. • Development of Unconventional Renewable Energies CENTRAL ZONE EXPLORING CHILE: CENTRAL ZONE • Capital of the country: Modern area for business and residential developments • Largest airports and ports in the country • Among the ninth largest wine producers in the world • Major agricultural producers in Counter season (U.S. winter season fruit Consumption). SOUTHERN ZONE EXPLORING CHILE: SOUTHERN ZONE • Important fisheries, livestock, forest, and mineral waters with high added value. • Agriculture and Seafood industries • Sustainable forests for wood industry • Naturally protected environment WHY CHILE ? WHY CHILE? GENUINE AND TRUSTWORTHY COUNTRY • Open and stable economy • One of the most competitive economies in the region • Solid institutional framework • First South American country to be a member of the Organization for Economic Cooperation and Development (OECD). • Ranks 22 among 176 countries in the "Index 2013 Corruption Perception“, being a leader in Latin America. INTERNATIONAL INDICES AND REPORTS Nº1 In Latin America ✓ Best countries to do business 2014 World: 29 of 146 Forbes magazine ✓ Global IT report 2015 World: 38 of 143 World Economic Forum ✓ Global Competitiveness Index 2014 - 2015 World: 33 of 144 World Economic Forum INTERNATIONAL INDICES AND REPORTS Nº1 In Latin America ✓ Global Food Security Index – 2015 World: 27 of 109 Economist Intelligence Unit. ✓ Index of Economic Freedom 2015 World: 7 of 178 Heritage Foundation ✓ Logistics Performance Index 2014 World: 42 of 160 World Bank WHY CHILE? OPEN COUNTRY CONNECTED WITH THE WORLD 25 FREE TRADE AGREEMENTS 62 COUNTRIES 4,5 BILLION PEOPLE 90% WORLD´S GDP WHY CHILE? NATURALLY PROTECTED ECOSYTEM: FOOD INDUSTRY • Chile’s Mediterranean climate condition • In summer Chile has warm days and cool nights: Very good for fruit production. Sugar accumulation is enhanced. • 88% of the food that Chile exports belongs to the Mediterranean diet: Health benefits. • “Sanitary island”: Geographical condition isolates the country from major pests and diseases. • Chile is the only country that has not been attacked by phylloxera, a plague that destroys vines. WHY CHILE? A FOOD SUPPLIER FOR THE WORLD • In a field of over 200 countries, Chile ranks 16th among food and beverage exporters. • Chile ranks after New Zealand and Belgium among countries whose food industry is worth over 10 percent of GDP. • Chile ships a broad range of quality, safe, export-grade foods. • Around the world each day: o 7million people enjoy Chilean salmon, o 6.5 million drink a glass of Chilean juice, o 17 million drink a glass of Chilean wine, and o over 9 million enjoy Chilean seafood. Millions of people around the world each day choose products from Chile and have made us into a world- class exporter in different industries and of diverse products. Fresh blueberries Fresh cherries Fresh grapes Prunes Dehydrated apples WORLD'S Frozen whole salmon BIGGEST EXPORTER Mussels Shelled walnuts 2 Fresh plums WORLD'S Fresh salmon fillet SECOND Unshelled almonds BIGGEST EXPORTER Raisins 3 Frozen raspberries WORLD'S Grape juice THIRD BIGGEST Inulin EXPORTER CHILE – U.S. BUSINESS RELATIONSHIPS CHILE-US FREE TRADE AGREEMENT • 12 years of the signing of the Free Trade Agreement between Chile and the U.S. In January 2015 all import taxes were fully eliminated by both countries for all products (no exclusions). • Since its inception in 2004, Chilean exports to the U.S. have grown at an annual rate of 10%. • The U.S. has become Chile’s second largest trading partner, and the second destination of Chilean exports, after China. • The U.S. is the main destination of Chilean non-copper exports. • The U.S. is the largest buyer of agricultural products from Chile. • Bilateral trade between Chile and the U.S. has grown four times with the Free Trade Agreemen: $23 billion ProChile • imagina crece exporta • www.prochile.gob.cl BILATERAL TRADE 2014 ($ Billions) 2013 2014 % Var 14/13 Exports to the USA 9.7 9.2 -5% Imports from the USA 15.1 13.4 -11% Bilateral Trade 24.8 22.7 -9% Balance of Trade -5.3 -4.1 -23% EXPORTS / COPPER EFFECT % Part. % Var. Dif B(US$) Total Exports (Billions US$) 2013 2014 2014 14/13 14/13 To the U.S.A. 9.7 9.2 100% -5% -0.5 - Goods 6.4 6.9 75% 8% +0.5 - Copper 3.3 2.3 25% -29% -1 % Goods 66% 75% CHILEAN GOODS EXPORTS TO THE USA* BY MACROINDUSTRY IN 2014 MANUFACTURED GOODS US$1.5 BILLION WINE AGRICULTURAL PRODUCE US$2.3 BILLION US$262 MILLION 22% 4% 34% US$6.9 BILLION MINERALS (EXC. COPPER) SEAFOOD US$1.6 BILLION US$345 MILLION 5% FORESTRY IND. US$790 MILLION 23% 11% * Excludes copper and services. Source: ProChile trade intelligence with figures from Chile's Central Bank. GOODS EXPORTS* Ten main destinations 2010 2011 2012 2013 2014 US$ MILLION 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - U.S.A.E.E.U.U ChinaChina JapanJapón BrazilBrasil PeruPerú BoliviaBolivia NetherlanHolanda SouthCorea Korea del Sur MexicoMéxico Colombia ds * Excludes copper and services. Source: ProChile trade intelligence with figures from Chile's Central Bank. CHILE – MIAMI BUSINESS RELATIONSHIPS CHILE: No. 5 Miami Trade Partner (Total Trade $5 billion) ProChile • imagina crece exporta • www.prochile.gob.cl ProChile • imagina crece exporta • www.prochile.gob.cl ProChile • imagina crece exporta • www.prochile.gob.cl THANK YOU!.
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