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 Chile
 Trans-Pacific Partnership

Chile is a Key U.S. Export Market

  • Chile's economy is valued at $240.2 billion*
  • $15.4 billion in goods in 2015 were exported from the United States to Chile
  • 15,140 U.S. companies exported goods to Chile in 2014 – 87.3% were small and medium-sized companies
  • 67,134 U.S. jobs supported by goods exports to Chile and 25,571 jobs supported by services exports to Chile in 2015

Chile is an Important TPP Partner for
U.S. Exports of Industrial and Consumer Goods

Chemicals


$1.5 Billion
In Exports
To Chile


The Chemical Sector includes products such as cosmetics, paints, rubber products, plastics, fertilizers, and organic/inorganic chemicals

Machinery


$1.5 Billion
In Exports
To Chile


The Machinery Sector includes products such as forklifts, motors, bulldozers, pumps, water filtration and purification machinery

Automotive
Products

$895 Million
In Exports
To Chile


The Automotive Sector includes products such as motor vehicles, motorcycles, and auto parts such as vehicle engines, transmissions, and tires

Information and Communication Technologies

$605 Million
In Exports
To Chile


ICT Goods include products covered by the World Trade Organization’s Information Technology Agreement (ITA), including products covered by both the original ITA and the subsequent expansion negotiations, as well as other products such as optical fibers, audio-video equipment, television reception apparatus, coaxial cable, and batteries

Health
Products

$376 Million
In Exports
To Chile


The Health Products Sector includes
products such as pharmaceuticals, medical supplies, and medical devices


TPP Works for America

2,991,102:

Jobs Supported by Goods Exported to TPP countries in 2015
$679.6 Billion:

2015 Total
U.S. Goods
Exported to
TPP Countries
174,331:

U.S. Companies
Exported Goods to
TPP Countries in 2014
97%:

SME share of U.S. Goods-Exporting
Companies to TPP Countries in 2014
30%:

SME share of U.S. Goods Exports to TPP Countries in 2014

Market Opportunity Spotlights

Agriculture Products and Machinery:

U.S. companies exporting agricultural machinery and related services will find new opportunities to supply Chile’s growing agricultural export sector due to TPP. The U.S. exported $878 million in agricultural products and $110 million in agricultural equipment to Chile in 2014. High-demand products include irrigation equipment and systems, precision agriculture equipment, and fresh fruit harvesting equipment. The counter-cyclical agricultural cycles of the United States and Chile offer complementary supply chains in fresh produce as well as related products. Cumulation, which allows materials from all TPP countries to be used to manufacture a TPP good, and harmonization of SPS regulations across TPP markets will make supply chain integration in this sector easier.

Construction and Engineering:

Chile needs to expand and upgrade its port, road, and rail infrastructure to serve its growing export industries. U.S. construction equipment and engineering service providers are significant players in this sector and TPP will help create new commercial opportunities. The United States is the single largest supplier of the Chilean construction industry, accounting for 34% of construction equipment imports, mostly heavy machinery, high-tech building materials, and capital equipment. The United States exported $601 million in construction equipment and $26 million in architectural and engineering services to Chile in 2014.

* 2015 Nominal GDP
** TPP Countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the United States, and Vietnam
*** New TPP Countries: Countries with which the United States currently does not have preferential
market access - Brunei, Japan, Malaysia, New Zealand, and Vietnam

 


 

 

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