Transcript app.sofofa.cl

CHILE
Its Land, People and Business Opportunities
WHY CHILE?
BECAUSE IT’S A GENIUINE AND TRUSTWORTHY
COUNTRY
BECAUSE IT’S AN OPEN COUNTRY CONNECTED
WITH THE WORLD
FOR THE TREASURES THAT ARE PRESENT IN ITS
DIVERSITY OF LANDSCAPES AND NATURAL
RESOURCES
EXPLORING CHILE AND ITS RICH DIVERSITY
NORTHERN REGION
• Vast mineral wealth
• World capital of astronomy
• The development of unconventional renewable energies
CENTRAL REGION
• The largest number of inhabitants
• Concentration of the business sector
• The country is among the eight largest wine
producer in the world
•
•
•
SOUTHERN REGION
Large natural reserve of biodiversity and resources
Salmon, mussels, dairy products, livestock and
agricultural products
Sustainable cultivation of forests for wood industry
ECONOMY AND FOREIGN TRADE
A COUNTRY OPEN TO THE WORLD: 24 trade agreements with 62 countries
63%
85%
Of the global
population
Of global
GDP
93,8%
Agreements in force
Of our export markets
Vietnam
Malaysia
Turkey
Ecuador
Source: DIRECON
Australia
Peru
Cuba
Panama
Japan
India
P-4
China
EFTA
South Korea
United States
European Union
Central America
Mexico
Canada
Mercosur
Venezuela
Bolivia
Colombia
Thailand
Agreements signed
EXPORT OF GOODS
USD $ MM
Cobre
Bienes sin Cobre
90,000
In 2013, the total of Chilean exports reached
USD $ 76.684 million
80,000
70,000
36,768
60,000
35,978
29,748
36,526
Non-Copper
Goods
48%
Copper
52%
50,000
25,768
40,000
30,000
41,361
20,000
44,670
41,987
40,158
Exports 2013:
• USD $ 40.158 million in copper
• USD $ 36.526 million in goods excluding copper
29,695
10,000
2009
2010
2011
2012
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile.
2013
Exports of Goods*
Vinos
Productos del Mar
Productos Agropecuarios
USD $ MM
Minerales
Industria Forestal
Manufacturas
40,000
In 2013, the exports of non-copper goods
reached USD $ 36.526 millon, recording a
growth of 2% in comparison with 2012.
35,000
Wine
5%
30,000
Manufacturing
27%
25,000
Minerals
12%
20,000
Sea Products
14%
15,000
10,000
5,000
Agro products
26%
-
2009
2010
2011
2012
* Doesn’t include neither copper nor services
Source: DIRECON and Central Bank of Chile
2013
Forestry
Industry
16%
EXPORTS OF GOODS*
Olive oil
Berries
Salmon and Trout
US$ MM
US$ MM
US$ MM
50
45
40
35
30
25
20
15
10
5
-
47
36
24
13
3
12
6
2007 2008 2009 2010 2011 2012 2013
* Does not include neither copper nor services.
Source: DIRECON and Central Bank of Chile
500
450
400
350
300
250
200
150
100
50
-
465
404
404
362
4,000
194
197
2,930 2,893
3,000
2,500
237
3,543
3,500
2,253
2,417
2,112 2,069
2,000
1,500
1,000
500
-
2007 2008 2009 2010 2011 2012 2013
2007 2008 2009 2010 2011 2012 2013
Exports of Goods*
According to the Geographical Zone
US$ MM
US$ MM
US$ MM
US$ MM
US$ MM
2009
2010
2011
2012
2013
Asia, Oceania and Middle East
6,609
7,822
9,998
9,794
10,042
South and Central America and the Caribbean
7,158
8,343
10,228
10,037
9,955
North America
6,334
6,893
8,459
8,316
8,556
Europe
5,053
6,119
7,303
7,061
7,305
África
201
172
255
330
299
Total
25,768
29,748
36,768
35,978
36,526
Geographical Zone
2009
US$ MM
2010
2011
2012
2013
12,000
10,000
8,000
6,000
4,000
2,000
0
África
Europa
* Does not include neither copper nor services
Source: DIRECON and Central Bank of Chile
América del Norte
América del Sur,
Asia, Oceanía y Medio
Centroamérica y Caribe
Oriente
EXPORT OF GOODS*
10 MAIN DESTINATIONS
2009
US$ MM
2010
2011
2012
2013
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Estados
Unidos
China
Japón
Brasil
* Doesn´t include neither copper nor services.
Source: DIRECON and Central Bank of Chile
Perú
Bolivia
Holanda
México
Corea Del
Sur
Suiza
EXPORT OF SERVICES
Macrosectors
US$ MM
2008
US$ MM
2009
US$ MM
2010
US$ MM
2011
US$ MM
2012
US$ MM
2013
Transport
6,456
4,720
6,394
7,450
6,478
6,357
Travel
1,657
1,604
1,645
1,889
2,150
2,219
Others**
2,625
2,169
3,109
3,766
3,827
4,211
Total
10,738
8,493
11,149
13,105
12,456
12,787
Service
Transportes
Viajes
Otros*
2013
2008
25%
33%
50%
60%
15%
17%
US$ 10,738 MM
** Other services include: company administration services, research and development, IT and
engineering design and architecture.
Source: DIRECON and Central Bank of Chile
US$ 12,787 MM
A PLACE TO LOOK FORWARD TO
Successful story of Foreign Direct Investment
An average of 7.4% of GDP in the last decade
12.0%
10.7%
9.3%
FDI as % of GDP
10.0%
8.5%
5.7%
6.0%
7.3%
7.3%
8.0%
5.7%
4.8%
4.0%
2.0%
0.0%
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile.
7.4%
7.2%
7.3%
LAND OF
OPPORTUNITIES
Chile has been recognized as
The most stable and secure country of South America
A good business partner
A country open to the world that promotes free trade
Fastest economic growth
By OCED, World Bank and The Economist Intelligence Unit, and
Earnst & Young
LAND OF OPPORTUNITIES
CHILE
NUMBER
ONE IN
LATIN
AMERICA
INDEX OF EASE OF DOING BUSINESS 2014
WORLD: 34 OF 189
WORLD BANK
BEST COUNTRIES TO DO BUSINESS2013
WORLD:22 OF145
FORBES MAGAZINE
GLOBAL IT REPORT2014
WORLD: 35 OF 144
FORO ECONÓMICO MUNDIAL
GLOBAL COMPETETIVITY REPORT 2014
WORLD: 31 OF 60
INTERNATIONAL INSTITUTE FOR MANAGMENT DEVELOPMENT
GLOBAL FOOD SECURITY INDEX2013
WORLD: 28 OF 107
ECONOMIST INTELLIGENCE UNIT
INDEX OF ECONOMIC FREEDOM 2013
WORLD: 11 OF 152
FRASER INSTITUTE, CANADA
LOGISTICS PERFORMANCE INDEX 2014
WORLD: 42 OF 160
WORLD BANK
EASE OF BUSINESS INDEX 2014
WORLD: 8 OF 138
WORLD ECONOMIC FORUM
LAND OF OPPORTUNITIES
2014 Index of Economic Freedom
Chile is one of the 10
countries with a high
percentage of economic
freedom.
95
90.1
90
89.4
85
82
81.6
81.2
80.2
80
78.7
65
Fuente: The Heritage Foundation (http://www.heritage.org/index/)
Economías
(7th amongst 178 economies )
76.1
Denmark
76.2
Ireland
Mauritius
Chile
Canada
Switzerland
Australia
Singapore
70
Hong Kong
75
New Zealand
76.5
LAND OF OPPORTUNITIES
Corruption Perception Index 2013 (22nd amongst 176 economies).
Denmark
1
Finland
Amogst the least corrupt countries
in the world having high levels of
transparency.
3
Singapore
5
Switzerland
7
Netherlands
8
Australia
9
United Kingdom
14
Hong Kong
15
Chile
22
Spain
40
Brazil
72
Peru
83
Argentina
106
Bolivia
106
Venezuela
160
0
20
40
Fuente: Transparency International, 2013 (www.transparency.org)
60
80
100
120
140
160
CHILE, UN
PAÍSOPPORTUNITIES
PARA HACER NEGOCIOS
LAND
OF
PRODUCTOS Y SERVICIOS PARA EL MUNDO
Products and services for the world
AGRI FOOD SECTOR
The dynamic food industry has placed Chile as one of the leading
suppliers of fresh produce off-season for the northern hemisphere.
Furthermore, it is the largest exporter of frozen Pacific salmon, frozen
trout, fresh blueberries, apples and dried plums.
INDUSTRIAL SECTOR
The growth of primary production sectors, along with the
implementation of a satellite industry support, have enabled significant
advances in the development of competitive advantages in areas such
as innovation, production, and global compliance certifications.
CHILE, UN
PAÍSOPPORTUNITIES
PARA HACER NEGOCIOS
LAND
OF
PRODUCTOS Y SERVICIOS PARA EL MUNDO
Products and services for the world
SERVICE SECTOR
Trade in services accounts for over 30% of exports "No Copper" of the
country. Its average annual growth rate of 11% respond to the
modernization of the State; reforms in the systems of education,
transport and health; infrastructure development, and advances in
telecommunications.
MINING SECTOR
Mining is part of our identity as a nation, being the protagonist of the
growth path that had the Chilean economy in recent decades. Mining
exports relative to total shipments Chile remains the most important,
with a share of around 60%.
TRADE WITH ASEAN COUNTRIES
Exports and Imports main trade partners (US$M)
Exports
Imports
400,000
800,000
350,000
700,000
300,000
600,000
250,000
500,000
200,000
150,000
100,000
2010
400,000
2011
2012
2013
50,000
0
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile (Balanza de pagos).
300,000
200,000
100,000
0
2010
2011
2012
2013
TRADE WITH ASEAN COUNTRIES
Balance of Trade (US$M)
Main ASEAN Trade Partners,
2013 (US$M)
3,000,000
2,500,000
189,908
1,262,151
2,000,000
1,365,743
1,480,325
556,466
402,796
1,040,529
1,500,000
1,000,000
471,647
1,282,374
1,430,295
1,281,102
1,281,409
500,000
929,385
190,165
0
2010
2011
Exports (FOB)
2012
2013
Imports (FOB)
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile (Balanza de pagos).
Phillipines
Indonesia
Malaysia
Singapore
Thailand
Vietnam
TRADE WITH THAILAND
Exports to Thailand per Sector
Good* Exports per Sector 2013, US$M
Good* Exports per Sector,
US$ M
250,000
6,479
51,615
200,000
70,546
100,515
150,000
90,132
70,546
100,000
22,843
54,735
14,433
1,102
50,000
41,751
59,838
48,402
51,615
2011
2012
2013
0
2010
Forest Industry
Manufacturing
Minerals
Forest Industry
Manufacturing
Agriculture and Livestock Products
Minerals
Agriculture and Livestock Products
Sea Products
Sea Products
Wines
* Does not include neither copper nor services
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile (Balanza de pagos).
Wines
TRADE WITH THAILAND
Sea Products
120,000
100,000
Abalone
Other Fish
80,000
Algae
Other Seafood
Chilean Seabass
60,000
Crab
Mussles
Other sea products
40,000
Fish Oil
Squid
Salmon and trout
20,000
0
2010
2011
2012
2013
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile (Balanza de pagos).
TRADE WITH THAILAND
Agriculture and Livestock Products
14,000
Fresh Berries
12,000
Fresh Apples
Frozen fruits and vegetables
10,000
Dehidrated fruits and
vegetables
8,000
Sowing seed: vegetables
Flour Starch and Cereal
derivates
6,000
Concentrated Juice
4,000
Other Agriculture
Fresh Cherrys
2,000
Fresh Grapes
0
2010
2011
Source: DIRECON and Central Bank of Chile
2012
2013
TRADE WITH THAILAND
Wines
7,000
6,000
5,000
Other packaged wine
4,000
Bulk red wine
Bulk white wine
3,000
Packaged white wine
Packaged red wine
2,000
1,000
0
2010
2011
2012
2013
Fuente: Inteligencia Comercial ProChile, con cifras del Banco Central de Chile (Balanza de pagos).
CHILE TRADE POLICY
Chile is relatively small with open economy to free trade
through the implementation of a trade policy based on the
negotiations of trade agreements. For the past 35 to 40
years, this strategy has allowed Chile to position its products
in important and highly competitive markets around the
world.
Thee fundamental pillars:
Unilateral reduction of tariffs
Bilateral negotiations of Trade Agreements
Multilateral integration through WTO, OCDE and APEC
BENEFITS OF NEGOTIATION WITH
THAILAND
» Thailand strategic geographical position in South East
Asia
» Attractive market of more than 69 million people with a
GDP per capita of US$ 10.100
» Negotiation with Thailand is part of Chile´s strategic
integration process with all ASEAN countries
» Thailand is Chile ´s first trading partner within the
ASEAN countries
» Once in force, the FTA with Thailand will be Chile´s 5th
trade agreement with an ASEAN country
FTA CONTENT
Disciplines Negotiated:
i.
ii.
iii.
iv.
v.
vi.
vii.
viii.
ix.
x.
Trade in Goods
Modern and
Rules of Origin
Comprehensive
Custom Procedures and Cooperation
Sanitary and Phytosanitary Measures (SPS)
Technical Barriers to Trade (TBT)
Trade Remedies
Trade in Services
Institutional Framework
Financial Services
Dispute Settlement
Transparency
CHILEAN EXPORTS TO THAILAND
MAIN PRODUCTS
MAIN CHILEAN EXPORTS TO THAILAND
SHARE IN THAILAND
IMPORTS
TARIFF
(Thousand US$)
HS
CODE
2012
2012
MFN
FTA
740311 Copper cathodes
125.548
6%
1%
Year 0
030314 Frozen Trout
57.156
73%
5%
Year 0
470311 Chemical wood pulp
42.954
57%
0%
Year 0
310420 Potassium chloride
11.156
4%
5%
Year 3
030312 Frozen Pacific salmon
7.184
13%
5%
Year 8
150420 Fish fats & oil
7.184
45%
10%
Year 0 - Year 3
030313 Frozen Atlantic salmon
6.188
13%
5%
Year 0
080610 Fresh Grapes
6.164
6%
30%
0% in 2016
DESCRIPTION
Source: Studies Department (DIRECON), over data of TRADEMAP.
29
THAILAND EXPORTS TO
CHILE
MAIN PRODUCTS
MAIN EXPORTS TO CHILE FROM THAILAND
TARIFF
SHARE IN CHILEAN
IMPORTS
(Thousand US$)
HS
CODE
MFN
FTA
41,7%
6%
Year 0
36.544
31,2%
6%
Year 3
20.334
64,3%
6%
Year 0
2012
2012
870421 Diesel powered trucks
462.593
252329 Portland cement
160414 Fish prepared or preserved
DESCRIPTION
870332
Automobiles with diesel
engine
14.761
3,8%
6%
Year 0
842810
Automatic washing
machines
11.321
14,7%
6%
Year 0
6.829
10,2%
6%
Year 0
6.909
6,4%
6%
Year 3 - Year 5
392321 Sacks and bags
841810
Combined refrigeratorfreezers
Source: Studies Department (DIRECON), over data of TRADEMAP.
THAILAND EXPORT
KEY PRODUCTS (thousand US$)
Tariff
Code
Product label
2012
Exports to
Chile
Chile imports
from the world
MFN
FTA
847170
Computer data storage
units
13.177.109
18
133.394
6%
Year 0
271019
Petroleum oils and
preparations
8.780.752
71
7.486.274
6%
Year 0
870421 Diesel powered trucks
7.677.966
140.674
1.108.295
6%
Year 0
400122 Natural rubber (TSNR)
4.204.533
4.581
45.128
6%
Year 0
4.053.027
64
60.817
6%
Year 5
100630
Rice, semi-milled or
wholly milled
847330 Parts of data machines
3.358.194
-
92.495
6%
Year 0
870431 Gas powered trucks
2.749.144
-
232.28
6%
Year 0
160414 Tunas
2.673.478
10.112
57.91
6%
Year 0
870899 Motor vehicle parts
2.639.617
381
451.226
6%
Year 0
Source: Studies Department (DIRECON), over data of TRADEMAP.
31
CHILE EXPORTS TO THAILAND:
POTENTIAL NEW EXPORTS
(thousand US$)
Code
Description
TARIFF
Chilean Exports to Thailand Imports
the world
from the world
NMF (%)
FTA
'210690
Food preparations
302.639
479.631
5%
Year 0
'870840
Tansmissions for motor
vehicles
200.08
2.835.464
30%
Year 0 - Year 3
'200870
Peaches preserved
86.988
45.738
30%
Year 0 - Year 5
'240220
Cigarettes containing
tobacco
85.797
125.144
60%
Year 8
'080520
Mandarins
74.385
122.26
40%
0% in Year 2016
'040221
Milk and cream powder
58.312
123.913
18%
Year 5
'380892
Fungicides
49.571
55.263
20%
Year 0
'190110
Prep of cereals,flour,starch
46.507
114.598
5% - 30%
Year 0
Source: Asia and Oceania Department (DIRECON), over data of TRADEMAP and WTO.
THAILAND EXPORTS TO CHILE:
POTENTIAL NEW EXPORTS
(thousand US$)
Code
Description
'870323
Automobiles piston engine
displace 1.5 to 3.0 cc
'230910
Thailand Exports to Chile Imports to
the world
the world
TARIFF
NMF (%)
FTA
1.582.827
1.903.409
6%
Year 0
Dog or cat food
827.918
93.43
6%
Year 0
'330510
Hair shampoos
574.166
69.49
6%
Year 0
'220300
Beer
212.652
99.927
6%
Year 0
'330610
Dentifrices
201.358
46.543
6%
Year 0
'851712
Telephones for cellular
networks
99.323
1.485.899
6%
Year 0
'732393
Kitchen or other household
parts
98.076
42.613
6%
Year 0
'330720
Deodorants
86.614
71.992
6%
Year 0
Source: Asia and Oceania Department (DIRECON), over data of TRADEMAP and WTO.
SUPPLY CHAIN
FIRST STEP
The material, supply or
consumable good is
imported to the country
with preferential
treatment.
SECOND STEP
The production process
is carried out in Chile or
Thailand in order to
comply with the rules of
origin of different trade
agreements.
FTA
Supplies
FTAs
Final
good
Production
or assembly
in Chile
Tariff
THRID STEP
The final good is exported
(with Chilean of Thai origin) to
other markets.
Source: Studies Department (DIRECON), over data of TRADEMAP.
Rules
of
Origin
Tariff
Preference
EXAMPLE
MFN Tariff 6%
US$ 11 million in 2012
EXAMPLE
Chile – Thailand Free Trade Agreement
Potential Market
of 566 million
consumers
0% Tariff
0% Tariff
Total
GDP(current prices)
5.634
GDP per capita (PPP)
12.285
Population
566.161
37
PERSPECTIVES
 The FTA between both economies is a clear reflection of the necessity of both
economies to take their trade relationship to a new level, boost trade exchange
and strengthen an already close relationship.
 Through this Agreement, both Chile and Thailand seek to open new trade
opportunities for goods, services and investment for exporters from both sides.
 Once the Agreement enters into force it will allow:
 Materialize economic alliances and reciprocal investment
 Simplify sanitary and technical regulations for exports from both sides
 Standardize, transparent and understand each other's customs
procedures
 A quick and efficient resolution of contingencies that may arise through
contact points of technical committees
CONTACTO
Información General
www.thisischile.cl
Información Comercial
www.prochile.gob.cl/importadores
Inversiones
www.inversionextranjera.cl
Turismo
www.chile.travel
Directorio Exportador
www.prochile.gob.cl/
importers/exporter-directory