Chile, stretching over 4,000 kilometers from the arid Atacama Desert in the north to the stunning landscapes of Patagonia in the south, is one of South America’s most stable and forward-thinking countries. With a population of around 20 million, Chile has built a strong national identity rooted in resilience, openness to the world, and a focus on progress. Its diverse geography and natural beauty only add to the country’s global appeal.
Economically, Chile is one of Latin America’s top performers. Known for its political stability, reliable institutions, and business-friendly environment, the country is a safe and attractive destination for international business. As the world’s leading copper exporter, Chile has long been a powerhouse in mining, but it also boasts strong industries in agriculture, forestry, and fisheries. In recent years, Chile has been gaining international attention for its growing focus on renewable energy, innovation, and sustainable technologies.
Chile is positioning itself as a global leader in clean energy, with a particular emphasis on solar, wind, and green hydrogen. As the world transitions to greener solutions, Chile’s natural resources and progressive policies are attracting investment from across the globe. The country’s leadership role in global climate events, such as COP30, demonstrates its commitment to building a sustainable future and driving climate action in the region.
The capital, Santiago, serves as Chile’s economic and financial hub. It is a vibrant city filled with start-ups, multinational corporations, and research institutions. The government actively supports innovation and entrepreneurship, particularly in the tech and digital sectors. Chile’s strategic location on the Pacific coast, combined with a robust network of over 30 free trade agreements, including agreements with the EU, China, the U.S., and Japan, positions the country as a key gateway between Latin America and the Asia-Pacific region.
Trade with the European Union is especially important. In December 2023, Chile and the EU signed a modernized trade and cooperation deal consisting of an Interim Trade Agreement (ITA) and an Advanced Framework Agreement (AFA). The ITA entered into force on 1 February 2025, immediately expanding tariff-free access and strengthening investment protections, while the AFA awaits full ratification by EU member states. Within this framework, the Netherlands plays a pivotal role: Dutch ports, particularly Rotterdam, serve as the primary entry point for Chilean exports into Europe.
Education and talent development are also key priorities in Chile. The country continues to invest heavily in science, technology, and research, building global competitiveness in industries such as biotech, fintech, and agri-tech. This focus on innovation and human capital makes Chile an ideal environment for businesses looking to engage with cutting-edge technologies and sustainable practices.
For International Business Research, Chile represents an exciting opportunity due to its stable economy, commitment to innovation, and growing focus on sustainability. As the country positions itself as a leader in renewable energy and green technologies, now is the perfect time for companies to explore new avenues for investment and collaboration in this dynamic market.
Are you interested in discovering what Brazil has to offer your business? With over 35 years of experience in conducting tailor-made international research, IBR would be happy to explore the possibilities together with your company.
For more information about IBR and doing business in Chile or Brazil, please send an email to Dit e-mailadres wordt beveiligd tegen spambots. JavaScript dient ingeschakeld te zijn om het te bekijken. and we will get in touch with you as soon as possible.
