The Indonesian-Chilean Chamber of Commerce and Culture is closely monitoring the recent developments in international trade and exports. We are particularly concerned about the potential impact of the United States' 10% tariff on forest imports, announced by President Donald Trump in late September. This tariff could significantly affect the economy of the Biobío Region in Chile, given the importance of the timber industry there.

On a brighter note, we are pleased to report that Peru's mining exports grew by 16.6% in the first half of 2025, reaching US$ 26.553 billion. The main products driving this growth are copper and gold. This positive trend in the mining sector is a promising sign for the economy of the region.

Meanwhile, Indonesia is preparing to expand its foreign trade in Africa and Latin America starting next year. This strategic move is aimed at diversifying export destinations and strengthening economic ties with emerging regions. Negotiations are currently underway with various African countries, including South Africa, with the aim of opening new regional trade agreements.

In the face of global economic uncertainty, the copper market has once again come into focus. The London Metal Exchange (LME) reported a 0.33% increase in the price of copper, trading at US$10,413.5 per metric tonne. This surge is due to a combination of geopolitical, economic, and productive factors in the world's two main suppliers: Chile and Indonesia.

Chile, the world's largest copper producer, is facing a severe drop in production. According to the National Institute of Statistics (INE), copper production fell by 9.9% year-on-year in August, the most significant decrease in over two years. This decline reflects structural problems ranging from lower mineral grades to labor and climate conflicts that have affected operational continuity in several mines in the Andean country.

On the maritime front, Puerto Coronel has been ranked as the best-performing maritime terminal in Chile. Additionally, the international bidding process for the San Antonio Outer Port, a US$4.45 billion megaproject and the largest in the country's history, has attracted five prequalified companies, confirming global interest in one of Chile's most significant infrastructure works in the coming decades.

• Analizan impactos de aranceles a exportaciones forestales de la Región (Diarioconcepcion.cl)
• Exportaciones mineras del Perú crecieron 16,6% en el primer semestre de 2025 (Redimin.cl)
• Indonesia busca ampliar su comercio exterior en África y América Latina - teleSUR (Telesurtv.net)
• El cobre sube ante riesgos de suministro en Chile e Indonesia - .:: Minería en Línea ::. (Mineriaenlinea.com)
• Ranking mundial sitúa a Puerto Coronel como el terminal marítimo con mejor desempeño en Chile | Soychile.cl (Soy-chile.cl)
• Puerto Exterior: Chile atrae a los principales actores globales de la industria portuaria | Marca Chile (Marcachile.cl)

The Chilean Chamber of Commerce and Culture reports a significant growth in Chile's fruit and copper exports, highlighting the country's economic resilience and the promising outlook for trade relations with Southeast Asian nations.

Chile's fruit exports saw an increase of 1.1% in the 2024/25 season, amounting to US$9.460 billion FOB, according to the 'Fruit Bulletin, September 2025' from the Office of Agricultural Studies and Policies (ODEPA). Despite a decline in the unit export prices, the volume of shipments grew by 18.4%, reflecting an additional 467 thousand tons.

Meanwhile, Chile's copper exports are also showing promising signs. The Bank of America's historic copper projection suggests a significant impact for Chile. The recent interruption in operations at the Grasberg mine in Indonesia, the world's second-largest copper mine, has led to concerns about copper supply, driving up price projections to unprecedented levels.

Chile's Foreign Minister, Alberto van Klaveren, has met with ambassadors from the Association of Southeast Asian Nations (ASEAN). The fruitful relationship between Chile and ASEAN was discussed, with a focus on sustainable growth, commercial diversification, and inclusive development. This meeting underscores the potential for increased cooperation and trade between Chile and Southeast Asian nations.

Furthermore, Chile's food exports experienced a 9.5% growth from January to June 2025, reaching a historic high of USD 12.460 billion, according to the Department of Market Intelligence at ProChile. This growth, based on data from the National Customs Service, reflects the strength of Chile's food sector.

In addition, Chile's copper exports amounted to US$30.722 billion between January and July 2025, representing 61% of the total achieved in 2024. China accounted for 50% of shipments, while the United States made up 16%, according to the Chilean Copper Commission (Cochilco).

In conclusion, the growth in Chile's fruit, food, and copper exports, coupled with the strengthening of relations with Southeast Asian nations, demonstrates the robustness of the Chilean economy and its potential for further growth.

• Exportaciones frutícolas de Chile aumentan 1,1% en la temporada 2024/25, impulsadas por los frutos secos (Portalfruticola.com)
• "Para Chile tendrá un impacto notable": Expertos abordan la histórica proyección del cobre del Bank of America (Emol.com)
• Fiebre del cobre: inquietud por el suministro dispara proyección del precio a niveles jamás antes vistos - La Tercera (Latercera.com)
• Ministro se reúne con embajadores de la Asociación de Naciones del Sudeste Asiático | Ministerio de Relaciones Exteriores (Minrel.gob.cl)
• Exportaciones chilenas de alimentos crecen 9,5% de enero a junio de 2025 - PortalPortuario (Portalportuario.cl)
• Exportaciones de cobre suman US$30.722 millones de enero julio (Portalmetropolitano.cl)

The Indonesian-Chilean Chamber of Commerce and Culture is pleased to share the latest developments in the economic and diplomatic relations between Indonesia, Chile and the broader ASEAN community.

The global copper market has seen a significant surge, with prices projected to reach unprecedented levels. This is due to concerns over copper supply following operational interruptions at the Grasberg mine in Indonesia, the world's second-largest mineral deposit. The rise in copper prices has brought positive news for Chile's fiscal coffers, with copper reaching its second-highest level of the year on the London Metal Exchange, closing at US$4.64.

Furthermore, Chile's Minister of Foreign Affairs, Alberto van Klaveren, recently met with ambassadors from the Association of Southeast Asian Nations (ASEAN). The fruitful relationship between Chile and ASEAN was discussed, with a focus on shared priorities such as sustainable growth, commercial diversification, and inclusive development. The meeting underscores the strengthening ties between Chile, Indonesia, and the broader ASEAN community.

In terms of trade, Chilean food exports have seen a significant increase, growing by 9.5% from January to June 2025. This growth has resulted in a historical record, with exports reaching USD 12.46 billion. Additionally, Chile's copper exports amounted to US$30.722 billion between January and July 2025, representing 61% of the total reached in 2024. China continues to be the largest recipient of Chile's copper exports, accounting for 50% of shipments.

Lastly, Chilean salmon has been making waves in international markets. According to the SalmonChile Sustainability Report, a variety of salmon products are being tailored to meet the tastes of different customers worldwide. The U.S. market favors fresh Atlantic salmon fillets, while the Brazilian market prefers whole salmon.

We hope these updates provide valuable insights into the evolving economic and diplomatic landscape between Indonesia, Chile, and the ASEAN community. Stay tuned for more updates in the coming weeks.

• Fiebre del cobre: inquietud por el suministro dispara proyección del precio a niveles jamás antes vistos - La Tercera (Latercera.com)
• Ministro se reúne con embajadores de la Asociación de Naciones del Sudeste Asiático | Ministerio de Relaciones Exteriores (Minrel.gob.cl)
• Exportaciones chilenas de alimentos crecen 9,5% de enero a junio de 2025 - PortalPortuario (Portalportuario.cl)
• Exportaciones de cobre suman US$30.722 millones de enero julio (Portalmetropolitano.cl)
• Mirar hacia Indonesia - EL PAÍS Uruguay (Elpais.com.uy)
• Con valor agregado y etiquetado "saludable": Salmón chileno conquista mercados (Aqua.cl)

The Indonesian-Chilean Chamber of Commerce and Culture presents this week's news highlights concerning the economic and trade relations between Indonesia and Chile.

The Agricultural and Livestock Service (SAG) of Araucanía has certified over 150,000 tons of agricultural products for the 2024/2025 export season. This milestone includes first-time exports of asparagus and peonies from the Malleco province. The certification ensures the exported goods are free from pests and diseases, meeting the health requirements of the destination countries.

Despite potential complications, Chilean salmon producers are confident of reaching a satisfactory agreement with Russian authorities. Russia has threatened to ban imports of Chilean seafood, including salmon, due to documentation and labeling issues. Both Chilean authorities and industry players are actively working to resolve these issues.

Chile's copper exports have reached a total of US$30.722 billion from January to July 2025, representing 61% of the total achieved in 2024. Asia accounts for 70% of the total exported amount, with China leading the demand, followed by Japan and South Korea.

However, salmon exports from the Los Lagos region have seen a decline in July 2025, with a 8.2% decrease compared to the previous year. This decline is significant in the Japanese and Brazilian markets, both crucial for the industry.

In other news, foreign investment in Chile has totaled US$9.470 billion up to July 2025, with the largest component being the reinvestment of profits.

Lastly, the Indonesian government has confiscated lands belonging to nickel miners due to lack of forestry permits. This move is part of the national crackdown on illegal exploitation of natural resources.

• SAG Araucanía certificó más de 150 mil toneladas de productos agrícolas durante la temporada de exportaciones 24/25 | SAG (Sag.gob.cl)
• Productores de salmón chileno confían en que se alcanzará buen acuerdo con autoridad rusa (Salmonexpert.cl)
• Exportaciones de cobre chileno llegan a US$30.722 millones a julio (Electromineria.cl)
• Exportaciones de salmón desde Los Lagos cayeron 8,2% en julio de 2025 - Mundoacuicola (Mundoacuicola.cl)
• Inversión extranjera en Chile totalizó US$9.470 millones a julio – Trade-news (Trade-news.cl)
• Indonesia cita falta de permisos forestales en confiscaciones de tierras a mineros de níquel (Redimin.cl)

The Chile-Indonesia Commercial and Cultural Chamber is pleased to present a summary of recent developments in the mining and agricultural sectors, as well as international trade relations, relevant to both countries.

Firstly, Indonesia's government task force has confiscated hundreds of hectares of land from nickel miners PT Weda Bay Nickel and PT Tonia Mitra Sejahtera due to a lack of forestry permits. This action is part of a national crackdown on illegal exploitation of natural resources. The Chamber supports all efforts to ensure sustainable and responsible practices in the mining industry.

In Chile, the mining industry reaffirms its commitment to the country and to a sustainable future. The Chilean mining sector, which represents 57% of exports, 20% of GDP, and generates 11% of direct and indirect employment, is also a force for social and environmental transformation. The Mining Council has highlighted initiatives that demonstrate how its member companies are driving innovation, sustainability, and community development in the territories where they operate.

Chile is also making significant strides in the global walnut industry, ranking second as a shell-on walnut exporter and third for shelled walnuts, behind only the United States and China. The recent ENEXPRO exporter meeting generated significant commercial opportunities for the national nut sector, with companies like Nueces del Sur establishing direct contacts with importers from diverse markets such as Central America and the Caribbean.

Chilean exports have shown a growth of 6.1% in the first eight months of 2025, reaching US$68.532 billion. Importantly, this growth is not only in traditional exports but also in non-traditional sectors, backed by data from the Central Bank and the National Customs Service. Total foreign trade amounted to US$129.201 billion, reflecting an increase of 7%.

Lastly, ProChile Director Ignacio Fernández highlighted the enormous potential of ASEAN, a sentiment echoed by the Chamber. Diversifying exports and target markets is a key mandate for the government and private sector alike. ASEAN represents a huge opportunity that must be seized.

The Maule region's exports have grown by 13.6% and reached US$1.967 billion in the first eight months of the year. Agricultural products lead the increase with 14.7% growth, while the forestry and viticulture sectors also show significant increases.

• Indonesia cita falta de permisos forestales en confiscaciones de tierras a mineros de níquel (Redimin.cl)
• INDUSTRIA MINERA REAFIRMA SU COMPROMISO CON CHILE Y CON UN FUTURO SOSTENIBLE | Revista Minera Crisol (Revistacrisol.cl)
• ProChile conecta a exportadores de nueces con mercados internacionales (Prochile.gob.cl)
• Exportaciones mineras crecen un 6,1% en los primeros ocho meses de 2025 - Reporte Minero | El portal de minería en Chile (Reporteminero.cl)
• "ASEAN tiene un potencial enorme" (Prochile.gob.cl)
• Exportaciones del Maule crecen 13,6% y alcanzan US$ 1.967 millones en los primeros ocho meses del año - El Maule Informa (Elmauleinforma.cl)

The Chilean Chamber of Commerce and Culture is pleased to share the latest updates on the country's trade and export developments, highlighting the significant strides made in various industries.

Chilean Cherry: Despite facing a challenging season with a 30% price drop in China, the country's main export destination, Chile's cherry industry remains resilient. The industry, which is the third largest export after copper and salmon, managed to total 3.3 billion dollars and 625,000 tons in the previous season, according to the Office of Agricultural Studies and Policies (Odepa) of the Ministry of Agriculture.

Pork Imports: Peru's primary sources of boneless pork imports are Chile and Brazil. From January to July, Peru imported over 5 million kilos of boneless pork, with Chile contributing 54% of the total import value at $8.9 million USD, according to Agrodata.

New Markets for Brazil: Brazil has successfully opened new markets for its poultry and beef in Chile, Saudi Arabia, and Indonesia, demonstrating the country's expanding global reach in the meat industry.

Mining Exports: Chile's mining exports have seen a substantial increase, rising from $34.4 billion USD to $60.554 billion USD between 2015 and 2024. The data from Cochilco's Copper and Other Minerals Statistics Yearbook 2005-2024 provides a comprehensive overview of the production, exports, investment, and taxation of the sector.

Freeport Indonesia: Freeport Indonesia is set to complete repairs in the Gresik smelter by early September, further strengthening the mining sector's operations.

Energy Transition: In a recent article by The Economist, Chile was highlighted as a leading example of energy transition. The country's shift from traditional energy infrastructure to sustainable models was exemplified by ENGIE Chile's BESS Tamaya site, which was transformed from a diesel power plant into a solar plant and battery-based storage system.

• Cereza chilena: Mejoras en la comercialización y nuevos mercados marcan negociaciones por el tercer producto más exportado en Chile  (Eltipografo.cl)
• De Chile y Brasil proviene la mayor parte de las importaciones peruanas de carne de cerdo sin hueso (Agraria.pe)
• Eurocarne - Nuevos mercados para Brasil: Chile y Arabia Saudita para la carne de aves e Indonesia para la de vacuno (Eurocarne.com)
• Cochilco: exportación minera llegó a US$60.554 millones en 2024 (Electromineria.cl)
• Freeport Indonesia completará reparaciones en fundición de Gresik a inicios de septiembre | Rumbo Minero (Rumbominero.com)
• The Economist destaca a Chile como ejemplo de reconversión energética con sitio de ENGIE – MEDIABANCO Agencia de Noticias – Chile (Mediabanco.com)

Despite China remaining as Chile's main trading partner, the United States has seen a significant increase in Chilean exports in the first seven months of the year, growing by 21.1%. In contrast, shipments to China have increased by a mere 0.6%. However, in July, Chilean exports to China surpassed those directed to the United States, disrupting the trajectory established this year. This shift in export destinations highlights the dynamic nature of Chile's international trade relationships.

Chilean wine continues to dominate the global stage in terms of quality and diversity. This international recognition is the result of a unique geography interacting with the climate, a market strategy focused on quality, and the diversity of its strains. The combination of the imposing Andes Mountain Range with the refreshing Humboldt Current of the Pacific Ocean creates a mosaic of microclimates across the transverse valleys. This geographical diversity allows Chile to produce a wide range of wines, solidifying its place in the global wine industry.

In diplomatic news, Foreign Minister Alberto van Klaveren Stork, accompanied President Gabriel Boric Font in receiving the credentials of newly accredited ambassadors in Chile. Among them was the representative from Indonesia, Vedi Kurnia Buana. This event underscores the strengthening of diplomatic ties between Chile and various nations, including Indonesia.

From January to July of this year, Chilean exports of goods and services abroad totaled US$ 60.961 billion and US$ 1.816 billion, respectively, reaching the highest values for a similar period on record. These figures represent an increase of 5.7% and 13.3%, respectively, compared to the same period in 2024. These impressive figures are attributed to the hard work and innovation of thousands across all regions of Chile, including SMEs, service providers, and technology developers.

In other news, the Senate approved the Comprehensive Economic Partnership Agreement between Chile and the United Arab Emirates. In addition, the Corfo Connects Ñuble 2025 event was held to discuss how innovation and technology can transform the region's agriculture. The modernization of agriculture is key to facing the challenges of climate change and meeting international market demands.

• EEUU le resta puntos a China como destino de las exportaciones chilenas en lo que va del año | Diario Financiero (Df.cl)
• Vino chileno, un éxito de exportación y prestigio (Eldinamo.cl)
• Canciller acompaña al Presidente en recepción de cartas credenciales de nuevas y nuevos embajadores acreditados en Chile | Ministerio de Relaciones Exteriores (Minrel.gob.cl)
• Exportaciones chilenas alcanzan nueva cifra récord en 2025 impulsadas por minería, frutas frescas, alimentos y servicios | Marca Chile (Marcachile.cl)
• Senado aprueba acuerdo de Asociación Económica Integral entre Chile y Emiratos Árabes Unidos - Paislobo Prensa (Paislobo.cl)
• Corfo Conecta Ñuble impulsa la modernización agrícola con innovación (Sancarlosonline.cl)

The Indo-Chilean Chamber of Commerce and Culture reports on a week filled with significant diplomatic, cultural, and economic developments between Chile and Indonesia. The central thread of these events is the strengthening of the historical ties between the two nations, despite the emergence of new challenges in the international trade sphere.

Highlighting the cultural interaction, the Chilean Navy's Training Ship "Esmeralda" docked in Jakarta for the first time in nearly three decades. The visit, filled with symbolism and emotion, included a special event at the inclusive Cempaka Putih "Republic of Chile" school in Jakarta. Students had a unique opportunity to experience live Chilean music, learn the traditional Chilean dance, the cueca, and engage in a cultural celebration with the ship's crew.

After five days in port filled with cultural exchange activities, the "Esmeralda" concluded its visit to the Indonesian capital on July 17. The ship now sets sail east towards the west coast of Australia, where it is expected to arrive in the second week of August.

In the economic arena, Indonesia is positioning itself as a competitor for Chilean copper in the United States. U.S. President Donald Trump announced a trade agreement with Indonesia, reducing tariffs on its imports from 32% to 19%. Trump negotiated directly with Indonesian President Prabowo Subianto, describing the deal as "historic".

This new trade agreement has sparked discussions within the Chilean National Congress. The Mining and Foreign Affairs Commissions of the Chamber debated the potential impacts of the new 50% tariff on copper imports to the U.S. The tariff, announced by Trump, aims to establish a dominant national industry aligned with the magnate's protectionist ambitions to stimulate employment.

Despite these new challenges, the Indo-Chilean Chamber of Commerce and Culture remains confident in the enduring and irreplaceable ties between the two nations. The Chamber emphasizes the importance of these historical connections in navigating the shifting currents of international trade and diplomacy.

• Chile e Indonesia celebran su vínculo histórico con una visita cultural y naval (Elmostrador.cl)
• Buque Escuela (BE) “Esmeralda” termina su paso por Yakarta e inicia su navegación a Sidney | Armada de Chile (Armada.cl)
• Indonesia se posiciona como un competidor más para el cobre chileno en Estados Unidos | Periodismo Chileno (Periodismochileno.cl)
• ¿Buena o mala señal para Chile? Trump anuncia acuerdo con Indonesia: “Tiene un cobre de muy buena calidad que utilizaremos” | Diario Financiero (Df.cl)
• Trump anuncia acuerdo comercial con Indonesia - La Tercera (Latercera.com)
• "Somos irremplazables en el corto plazo": Comisiones de Minería y RREE de la Cámara enfrentan arancel para exportar cobre a EEUU (Eldesconcierto.cl)

The Indo-Chilean Chamber of Commerce and Culture is pleased to report a series of significant events that have recently taken place, which have the potential to shape the future of the bilateral relationship between Indonesia and Chile.

Chilean Naval Ship "Esmeralda" Docks in Indonesia: For the first time in 30 years, the Chilean training ship "Esmeralda" has docked in the port of Jakarta as part of its 69th training voyage. This visit not only commemorates the 125th anniversary of the visit of the "General Baquedano", the first Latin American warship to visit these shores, but also celebrates the 60th anniversary of the establishment of diplomatic relations between Chile and Indonesia. The visit includes various naval and protocol activities, further strengthening the cooperation between the two nations.

Chilean Grape Market Looks Beyond U.S.: The collapse of the green grape market has prompted Chile to explore other markets beyond the United States. As the Indo-Chilean Chamber of Commerce and Culture, we encourage this diversification of trade partners and look forward to facilitating these new relationships.

Chile Discovers High Cobalt Concentrations in Mining Tailings: As the electric vehicle industry continues to grow, Chile has discovered high concentrations of cobalt, a key mineral in the manufacturing of batteries for electric cars and electronic devices, in its mining tailings. This discovery presents an unprecedented opportunity to access a highly demanded resource without opening new mines, by reusing waste that has been considered environmental liabilities for decades.

Chilean Copper Market Under Pressure: The U.S. President, Donald Trump, has confirmed a new 50% tariff on copper, effective from August 1st. This decision, based on national security considerations, puts pressure on the Chilean copper market. The Chilean Ministry of Foreign Affairs will maintain contact with the U.S. to understand the full implications of this tariff increase.

Tourist Tragedy in Indonesia: In a tragic event, Brazilian tourist Juliana Marins lost her life after falling into a volcano in Indonesia. The Indo-Chilean Chamber of Commerce and Culture extends its condolences to the family of the deceased and trusts that the Indonesian authorities will take the necessary measures to ensure the safety of tourists.

• Buque Escuela “Esmeralda” recala en Indonesia: luego de 30 años, su estadía estará marcada de hitos | Armada de Chile (Armada.cl)
• "La uva verde colapsa y obliga a Chile a mirar más allá de Estados Unidos" (Freshplaza.es)
• Chile fortalece posición estratégica al descubrir altas concentraciones de cobalto en relaves mineros – Revista De Frente (Revistadefrente.cl)
• Mercado del cobre chileno bajo presión: EE.UU. aplicará arancel del 50% desde el 1 de agosto | ADN Radio (Adnradio.cl)
• Cancillería desconoce "alcances" de alza al cobre y asegura que mantendrá "despliegue" de contactos con EE.UU. (Soychile.cl)
• Agonizó 15 minutos: hacen nueva autopsia a turista que cayó en un volcán en Indonesia | TVN (Tvn.cl)

The Indonesian-Chilean Chamber of Commerce and Culture highlights the recent developments in the Chilean and Argentinean energy and mining sectors. The Chamber recognizes these advancements as crucial steps towards a more integrated and prosperous South America.

Chilean ports have been identified as strategic outlets for the oil and gas from Argentina's Vaca Muerta field, as discussed during the 39th Committee of Integration of the Lakes. The convention, held in Neuquén, Argentina, brought together authorities from key regions in both countries, emphasizing the importance of energy, trade, and border development.

In 2024, Chile further solidified its position as a global leader in mining exports, particularly in the lithium market, where it accounted for 78% of global exports. The country also maintained its position as the world's top exporter of copper, with shipments exceeding US$50.155 billion, representing 15% of the global total. The copper concentrate and cathodes markets were particularly dominated by Chile, making up 29% and 20% of the global market respectively.

Chile's strong position in the global export market is a testament to the country's efforts to modernize and diversify its economic and trade agreements. In 2024, Chile was the world's largest exporter of 24 products, demonstrating the country's productive capacity and diverse export portfolio.

Meanwhile, Argentina achieved a trade surplus of over US$3 billion in its energy sector in 2025, largely due to strong oil exports to the U.S. and Chile. This development further emphasizes the growing interconnection of the South American energy market.

Chile's dominance in the global copper and lithium markets continued in 2024, despite a year marked by global economic uncertainty. The country's strategic position in international trade was further underscored by its success in the "Pisco War" against Peru, where Chile managed to gain significant market share in the international spirit market.

• Puertos chilenos se posicionan como salida estratégica para el petróleo y gas de Vaca Muerta - Reporte Minero | El portal de minería en Chile (Reporteminero.cl)
• Exportación de litio chileno representó 78% en mercado global (Electromineria.cl)
• 24 exportaciones chilenas lideran a nivel mundial | Marca Chile (Marcachile.cl)
• Argentina alcanza superávit comercial energético de US$ 3.015 millones en 2025, impulsado por fuertes exportaciones de petróleo a EE.UU. y Chile (Redimin.cl)
• Chile lidera exportaciones globales de cobre y litio en 2024 - Reporte Minero | El portal de minería en Chile (Reporteminero.cl)
• Guerra del pisco: Chile da el zarpazo y comienza a desplazar a Perú en el mercado internacional – En Cancha (Encancha.cl)