Chile

Chile is one of the largest trading partners of India among the Latin American countries,

Indian imports from Chile amount to around US$ 1,371.16mn

Agreements in defence, air services, agriculture, renewable energy, education and mineral resources

A large number of Yoga schools and Indian restaurants in Chile

Since the establishment of a Defence Wing, there has been cross training, ship visits, adventure activities and defence sales

US$ 173.32mn
FDI inflow into India from April 2000 to December 2021

US$ 2,553.08mn

Bilateral trade from 2021-2022

3500
Overseas Indians living in Chile

Economy

One of Latin America’s fastest-growing economies in recent decades

Strong institutions

with high quality of governance

Human resource

Sophisticated talent and entrepreneurial environment

Key sectors

Global services, energy, food industry, mining and tourism and other opportunities

India- Chile Bilateral Relations

India and Chile have signed Agreements/MoUs covering various fields of cooperation such as Sports, S&T, Antarctica, Defence, Air Services, Agriculture, New and Renewable Energy, Education, Outer Space, Geology and Mineral Resources

India-Chile Joint Statement during State Visit of President of India to Chile (30 March - 1 April 2019)

Both Presidents agreed to open new areas for cooperation in health and pharmaceuticals, mining and minerals, space and ICT, agriculture, solar energy and traditional medicine

India's Exports and Imports to Chile

Source: Department of Commerce

Values in US $ Millions

S.No.	\Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022
1.	EXPORT	763.56	989.80	793.43	805.00	1,181.92
2.	%Growth		29.63	-19.84	1.46	46.82
3.	India’s Total Export	303,526.16	330,078.09	313,361.04	291,808.48	422,004.40
4.	%Growth		8.75	-5.06	-6.88	44.62
5.	%Share	0.25	0.30	0.25	0.28	0.28
6.	IMPORT	2,092.15	1,237.55	1,175.67	670.60	1,371.16
7.	%Growth		-40.85	-5.00	-42.96	104.47
8.	India’s Total Import	465,580.99	514,078.42	474,709.28	394,435.88	613,052.05
9.	%Growth		10.42	-7.66	-16.91	55.43
10.	%Share	0.45	0.24	0.25	0.17	0.22
11.	TOTAL TRADE	2,855.71	2,227.35	1,969.10	1,475.60	2,553.08
12.	%Growth		-22.00	-11.59	-25.06	73.02
13.	India’s Total Trade	769,107.15	844,156.51	788,070.32	686,244.36	1,035,056.45
14.	%Growth		9.76	-6.64	-12.92	50.83
15.	%Share	0.37	0.26	0.25	0.22	0.25
16.	TRADE BALANCE	-1,328.59	-247.75	-382.24	134.39	-189.24
17.	India’s Trade Balance	-162,054.83	-184,000.33	-161,348.24	-102,627.40	-191,047.65

Invest Chile

+56-2-2663-9200

Visit Website

Ahumada 11, 12th floor - Santiago Chile

Embassy of India, Santiago

56-2) 2228 4141, 2228 6857, 2228 9743, 2263 4103

Visit Website

971 Alcantara
Post Box No. 10433
Santiago, Chile

Opportunities

Agricultural exports

Protein concs. & textured protein subs. (210610)

agriexchange.apeda.gov.in

Beer made from malt (220300)
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
Whiskies (220830)

agriexchange.apeda.gov.in

Cuts & edible offal of species gallus domesticus, frozen (020714)
Meat of bovine animals, fresh/chilled, boneless (020130)
Meat of bovine animals, frozen, boneless (020230)
Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)

agriexchange.apeda.gov.in

Maize (corn), other than seed (100590)
Other wheat and meslin (100199)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)

agriexchange.apeda.gov.in

Cheese (excl. of 0406.10-0406.40) (040690)
Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)

agriexchange.apeda.gov.in

Food preps., n.e.s. (210690)
OTHR EDBL MXR/PRPNS OF ANML/VEGTBL FATS/ OILS/OF FRACTNS OF DIFFRNT FATS/OILS (151790)

agriexchange.apeda.gov.in

BANANAS FRSH OR DRIED (080390)
Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)

agriexchange.apeda.gov.in

Crustacean preparations; shrimps and prawns, prepared
or preserved, in airtight containers (160529)
Crustaceans, frozen, shrimps and prawns, excluding
cold- water varieties, in shell or not,
smoked, cooked or not before or or during smoking; in shell, cooked by steaming or by boiling in water (030617)
Fish preparations, fish prepared or preserved whole or in pieces (but not minced), n.e.c. in heading no. 1604 (160419)
Fish preparations; fish minced or in
forms n.e.c. in heading no. 1604,
prepared or preserved (160420)
TUNAS SKPJACK/ATLNTIC BONTO(SARDA SP) WHOLE/PIECS
BUT MINCD PRPD/PRSVD (160414)

fishexchange.mpeda.gov.in