CHILE A RELIABLE PARTNER CHILEAN PROMOTION BUREAU Chile is • A middle income, developing country / OECD • Medium (42), Open economy (0,6% real tariff) • 17 mill hab, GDP US$ 269 billion, p capita 15.410/18.200 pp • Number 7 in economic freedom; • 22 in transparency; • 34 in Global competitiveness and Facility for Doing Business CHILE A RELIABLE PARTNER CHILEAN PROMOTION BUREAU Chile on the brink of development, but faces two key challenges To enhance productivity. Chile's growth slowed from an average of 7.3% in 1990´s to 4% in 2000´s. To tackle inequality. While Chile has made substantial progress in reducing poverty, the average income of the richest 20% was 14 times that of the poorest 20% in 2009. The government is working on these challenges: Education reform. Better quality, better access, Free 70%and Tax Reform, to finance education. those who have more to contribute more Strong Social policies to favor women, Children, small enterprises Achieve greater competitiveness, including modernization of the state; Promote investment and return to high growth rates To reduce our dependence on energy imports ProChile, the Chilean Promotion Bureau, is the institution of the Ministry of Foreign Affairs of Chile in charge of promoting exports of products and services. Also ProChile contributes to dissemination of foreign investment opportunities and tourism promotion. CHILEAN PROMOTION BUREAU Investment opportunities INVESTMENT PORTFOLIO 2015-2018: USD 150 BILLIONS PROCHILE CHILEAN PROMOTION BUREAU ProChile has a network of over 54 offices worldwide and 15 Export Centers in Chile. FOREIGN TRADE CHILEAN PROMOTION BUREAU A country open to the world: 30 signed FTAs with 71 countries 86% of world’s GDP - Diversification to emerging countries - Trade with 191 economies 62% of world’s population 93% of our export market Existing agreements • • • • • • Malaysia Turkey Ecuador Colombia China Malaysia • • • • • Australia Peru Cuba Panama Ecuador • • • Japan India P-4 (Brunei, Singapore and NZ) • China • EFTA (Iceland, Liechtenstein, Norway, Switzerland) • South Korea • USA • EU • • • • • • Central America Mexico Canada Mercosur India Japan • • • • • Venezuela Bolivia Thailand Hong Kong Vietnam ECONOMY AND FOREIGN TRADE CHILEAN PROMOTION BUREAU Chile has signed agreements to avoid double taxation with 24 countries Czech Rep finalized: Soon to be signed Belgium Denmark Spain France Ireland * Denounced by Argentina Poland Portugal UK Sweden Switzerland Norway Croatia Canada Colombia Ecuador Mexico Peru Argentina* Brazil Paraguay South Korea Thailand Malaysia New Zealand Russia Existing agreements Negotiated agreements Agreements under negotiation CHILE IN NUMBERS CHILEAN PROMOTION BUREAU TOTAL EXPORTS, 2012 USD 76,8 billion 55% 28% 11% 6% MINING MANUFACTURING SERVICES AGRICULTURE, FORESTRY AND FISHING INDUSTRY EXPORTS USD 26.6 billion 37% 23% 12% Food &beverages Chemical, rubber, plastic and others. Pulp, paper and others. Source: ProChile based on Central Bank of Chile, 2012. 11% 8% Metal products, Forestry and machinery wood furniture. and equipment. 5% 4% Basic metal industry. Other industrial products. FOREIGN TRADE CHILEAN PROMOTION BUREAU • In 2013, Chilean exports declined by 0.78 % compared with 2012. • Chilean imports in 2013 increased 1.42 % compared to 2012. Source: ProChile based on Central Bank of Chile. ECONOMY AND FOREIGN TRADE EXPORTS JANUARY - DECEMBER CHILEAN PROMOTION BUREAU Africa 0,3% Europe 25% North America 24% Europe 18% Africa 0,4% 2013 2003 North America 16% South and Central America & , Caribbean 16% South and Central America & , Caribbean 18% Asia y Oceania 30% Asia + Oceania 49% Source: ProChile based on Central Bank of Chile ECONOMY AND FOREIGN TRADE CHILEAN PROMOTION BUREAU Chile and Czech Rep. 2013 Chile Czech Republic • GDP: USD 269 billions (FMI) • GDP: USD 201 billions (FMI) • GDP USD 303 billions (ppp) • GDP: USD 288,6 billions(ppp) • per capita GDP: USD 15,400 • per capita GDP: USD 19,100 • Exports: USD 76,3 billions • Exports: USD 138,5 billions • Imports: USD 71,6 billions • Imports: USD 116,7 billions Source: ProChile based on Central Bank of Chile ECONOMY AND FOREIGN TRADE CHILEAN PROMOTION BUREAU Exports from Chile to EU 2013: USD 11.800 Country Netherlands Italy Spain Belgium France Germany UK Bulgaria Greece Sweden Denmark Finland Poland Irland Austria Czech Republic Portugal Lithuania Rumania Luxemburg Latvia Estonia Cyprus Slovak Republic Hungary Malta Slovenia USD Million 2.446,10 1.654,20 1.517,80 1.341,10 1.100,60 1.018,00 691,70 475,30 231,60 214,00 153,50 105,00 70,00 55,10 47,50 43,30 32,10 27,20 12,30 9,40 8,90 7,80 3,30 3,10 2,80 2,50 1,40 +976% +980% +970% CHILEAN PROMOTION BUREAU CHILEAN PROMOTION BUREAU Exports from Chile Product Ferro-molybdenum bottled wines Fresh grape Wool, not carded dried Plums Wines > 2l copper Fresh or chilled pork Cranberries Kiwi Alcohol Pears Potasio nitrato raisins Fresh apples fresh pears corn Salmon fresh plums Frozen pork Cranberries, bilberries Salmon fillets Lithium Carbonate avocados Natural honey plywood frozen turkey Peaches and nectarines fresh Exports from Czech Republic USD Ths 10.418 5.469 3.224 2.999 2.848 2.481 1.851 1.840 966 952 787 536 477 435 434 416 349 317 313 300 259 252 241 227 208 204 200 Product Toys, tricycles, etc.. Sausage casings Cars > 1500 cc a 3000 cc Cars > 1000 cc a 1500 cc Faucets and similar Cars > 1500 cc a 2500 cc loaders Electric Shavers Containers for compressed or liquefied gas Furniture for storage and display, incorp. cooling / freezing equipment Other hand tools Moles and other worsted wool, other than combed wool Film and sheet, etc of plastics Knives and blades for machines or mechanical appliances for wood working Wire products, iron or steel Telephones for cellular networks or for other wireless networks Articles of copper Cars < 1000 cc USD Ths 10.374 3.375 2.686 2.228 2.114 1.929 1.780 1.743 1.260 1.207 1.190 1.082 1.077 911 888 852 825 807 FACTS & ACHIEVEMENTS OF THE FOOD INDUSTRY CHILEAN PROMOTION BUREAU N°1 N°2 N°3 world exporter of: world exporter of: world exporter of: Blueberries Fresh cherries Avocado Prunes Frozen raspberries Dehydrated apples Salmon (Atlantic) Shelled nuts Trouts Inulin Raisins Agar-agar Preserved peaches Table grapes Plums Salmon (Pacific) Hazelnuts ACHIEVEMENTS OF CHILEAN FOOD INDUSTRY CHILEAN PROMOTION BUREAU Everyday in the world… 16.9 million people enjoy a glass of Chilean wine. 6.0 million enjoy a portion of Chilean salmon. 8.6 million drink a glass of Chilean fruit juice. 8.5 million have Chilean preserved fruits and vegetables. 4.9 million people enjoy a Chilean portion of dehydrated fruit. 1.7 million people eat Chilean frozen fruit.