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)

The Indonesian-Chilean Chamber of Commerce and Culture takes note of the significant increase in Chilean exports, emphasizing the role of the Antofagasta region, which recorded an annual growth of 64.1% in March 2025, totaling 3.511,7 million dollars. This increase is a testament to the strong economic ties between the two nations and the potential for further growth.

Despite the impressive growth in exports, Álvaro Peña, advisor of the CPI, warns about the logistical challenges that Chile faces. He stresses that "a mega port without efficient connectivity is a bottleneck," highlighting the limitations of the country's port and road system in responding to the growing export demand. The Chamber acknowledges these challenges and supports initiatives to improve the country's infrastructure.

Chile's forestry exports also saw a growth of 4.9% in the first quarter of 2025, reaching US$1.602,5 million. This growth, driven by the demand for cellulose, was led by China, the United States, and the Netherlands. Despite a challenging international context, the forestry sector has managed to maintain a positive performance.

Furthermore, non-copper and non-lithium exports from Valparaíso grew by 57.9% in 2025, with the agricultural sector leading the shipments with more than US$ 695 million. This growth was boosted by grapes, cherries, and avocados. ProChile highlights the internationalization of regional companies.

While Chile's blueberry exports were overtaken by Peru in 2024, the quality of Chilean exports continues to be recognized internationally. The Ministry of Food and Drug Safety of the Republic of Korea (MFDS) recently conducted an audit in four salmon processing plants located in the Los Lagos region, all of them with regular exports to the Korean market. The MFDS inspectors highlighted the high quality of the Chilean salmon exported and the strict compliance with international food safety standards.

• Región de Antofagasta aumenta más de 64% sus exportaciones en marzo - PortalPortuario (Portalportuario.cl)
• “Un megapuerto sin conectividad eficiente es un cuello de botella”: consejero del CPI advierte sobre desafíos logísticos de Chile (Soychile.cl)
• Exportaciones forestales crecen 4,9% en el primer trimestre impulsadas por la demanda de celulosa - Trade-news (Trade-news.cl)
• Exportaciones no cobre ni litio de Valparaíso crecen 57,9% en 2025 (Soychile.cl)
• Perú triplica ingresos de Chile por exportaciones de arándanos en 2024 (Soychile.cl)
• Corea del Sur destaca la calidad del salmón chileno exportado (Aqua.cl)

The Chilean salmon farming industry is facing a significant blow as the new tariff policy of President Donald Trump is expected to impact Southern Chile with a loss of US$1.050 billion. According to a study by the Universidad San Sebastián and SalmonChile, 42% of Chilean salmon exports are sent to the US, accounting for 55% of the American salmon market. This new tariff could potentially reduce salmon exports by US$571 million, with a further decrease of US$53 million due to slower global growth, totaling a loss of US$623 million in exports.

Meanwhile, in a bid to boost fruit exports to the US, authorities from the Agricultural and Livestock Service (SAG), representatives of the Coquimbo Regional Government, and Frutas de Chile visited the Fresh Fruit Inspection Center in Cabrero, Biobío region. The aim is to replicate the successful model developed in Cabrero that has significantly enhanced fruit exports to the US.

Positive export figures have been reported by ProChile Magallanes. Non-copper and non-lithium exports from the Magallanes region reached US$366 million during the first quarter of 2025, marking a 42.6% growth compared to the same period in the previous year. Despite the complex international trade context, these figures bring optimism and reassurance to many local companies relying on exports.

However, the Chilean dairy exports have seen a downturn, with a drop of 8.3% in the first quarter of 2025. This negative trend reflects unfavorable figures due to decreased demand from key markets such as the United Arab Emirates and Colombia, although this has been partially offset by an increase in markets like Brazil and Peru.

ProChile Los Lagos has reinforced its export agenda with a focus on the aquaculture sector during the 2025 Regional Export Council. The session brought together major guilds from the aquaculture sector, aiming to coordinate public-private actions to boost regional exports. The agenda projects Chile's presence at Expo Osaka 2025, where the "Sea Week" will be celebrated from June 2 to 7.

• El sur de Chile se verá impactado en US$1.050 millones por aranceles a la salmonicultura (Salmonexpert.cl)
• Autoridades visitan sitio de inspección de fruta en Cabrero para replicar modelo en la región - El Ovallino - Pasion por el Limarí (Elovallino.cl)
• ProChile Magallanes: Exportaciones: 42,6%: primer trimestre (Aqua.cl)
• Agricultura en clima extremo: Magallanes busca autoabastecerse e incluso exportar (Prochile.gob.cl)
• Las exportaciones lácteas chilenas caen 8,3% en el primer trimestre - Diario Lechero (Diariolechero.cl)
• ProChile refuerza agenda exportadora con foco acuícola en sesión del Consejo Regional de Los Lagos - RadioSago 94.5 Osorno y 96.5 Puerto Montt (Radiosago.cl)

The Indonesian-Chilean Chamber of Commerce and Culture is closely monitoring the developments in the Chilean mining industry. As reported by Tierramarillano, the industry is facing potential tariff increases, which could pose significant challenges to the sector. The mining industry is considered the backbone of the Chilean economy, and any obstacles to its growth could have far-reaching effects. The chamber has repeatedly stressed the need to repeal articles 7, 8, and 9 of the Mining Code to encourage fresh investments and increase production, thereby earning more foreign exchange for the country.

Amidst escalating tensions between China and the United States, political scientist Juan Pablo Sims suggests that Chile's best course of action is to maintain open trade markets with both countries. As reported by Radio Concierto Chile, the ongoing trade war between the two economic giants threatens to drag other nations into the conflict. The chamber echoes Sims' sentiments, emphasizing the importance of maintaining a balanced trade relationship with both China and the U.S.

In a move towards sustainable mining practices, Chile and the European Union (EU) are strengthening their strategic alliance. According to the Digital Mining Magazine REDIMIN, they aim to promote sustainable value chains in critical minerals through agreements and participation in EXPOMIN 2025. The chamber supports this initiative, recognizing the importance of sustainability in mining and the potential benefits of a closer relationship with the EU.

An Oced-UDP report indicates that 8.3% of Chile's exports could be subject to U.S. tariffs. This places the country in a moderate position concerning the exposure of its shipments. The chamber is keenly following these developments and their potential impact on Chilean exports.

Meanwhile, Peruvian service exports to Chile have seen a 15% growth. Seventeen Peruvian companies specializing in mining services are participating in Expomin 2025 with the aim of strengthening commercial ties with Chile. The chamber welcomes this growth, highlighting the importance of regional cooperation and trade.

Finally, the volume of Chilean salmon exports has fallen in the first quarter of 2025, ahead of Trump's tariff. Despite the decrease in volume, the value of these shipments grew by 5.1% during the same period. The chamber is closely monitoring these developments, recognizing the importance of the salmon industry to the Chilean economy.

• Desafíos que imponen los potenciales aumentos de aranceles a los minerales chilenos – Tierramarillano – Noticias de Atacama y Chile (Tierramarillano.cl)
• Politólogo sobre Chile en la guerra comercial: "Lo que más nos conviene es tratar de mantener ambos mercados abiertos" — Radio Concierto Chile (Concierto.cl)
• Chile y la UE refuerzan alianza en EXPOMIN 2025 para impulsar cadenas de valor sostenibles en minerales críticos (Redimin.cl)
• Informe afirma que el 8,3% de las exportaciones de Chile estarían sujetas a aranceles de EE.UU. (Soychile.cl)
• Exportaciones de servicios peruanos a Chile crecieron 15% (Electromineria.cl)
• Volumen de exportaciones de salmón chileno cae en el primer trimestre 2025 previo al arancel de Trump (Soychile.cl)

In a series of recent developments, the Indonesian-Chilean Chamber of Commerce and Culture has noted a drop in the volume of Chilean salmon exports in the first quarter of 2025, despite the value of these shipments increasing by 5.1% during the same period. This comes ahead of the Trump administration's expected tariffs.

President Boric and former Brazilian President Lula are set to review the key Bioceanic Corridor project, which has sparked Chinese interest. The aim of the meeting is to strengthen bilateral relations between Chile and Brazil and boost logistical and commercial integration.

Chilean Pisco producers have called for the current promotion plan to be converted into a permanent state policy. Amid increased uncertainty and rising US tariff rates, the call emphasizes the urgent need to explore new markets. The Chilean Pisco deserves consistent support and long-term strategies, according to sector leaders.

After nearly a three-month suspension, Chile has successfully reopened the Peruvian market for apple exports. This comes as a result of a new agreement between the Agricultural and Livestock Service (SAG) and the National Agrarian Health Service of Peru (SENASA). The Minister of Agriculture, Esteban Valenzuela, praised the development, highlighting the direct benefit for affected producers.

In light of the potential impact of recent US tariff policies, the government of President Gabriel Boric has stepped up inter-ministerial coordination to protect the Chilean export sector. The Ministers of Foreign Affairs, Finance, Economy, and Agriculture met to evaluate a range of direct and indirect support measures, particularly in the face of a more uncertain global context.

An estimated 8.3% of Chile's exports could be subject to tariffs set by the United States. A study indicates that the effects on our economy will be limited compared to other countries in the region. The 10% tariffs would come into effect on April 5th, with higher tariffs for some countries applying from April 9th. However, the US decided to pause for 90 days for countries with a rate above 10%, reducing it to that minimum for the said period. China was the only nation excluded from this three-month relief.

• Volumen de exportaciones de salmón chileno cae en el primer trimestre 2025 previo al arancel de Trump (Soychile.cl)
• Corredor Bioceánico: Boric y Lula revisarán proyecto clave que despierta interés chino (Soychile.cl)
• Pisqueros solicitan convertir actual plan de promoción en política permanente del Estado de Chile (Elmostrador.cl)
• Chile logra reapertura del mercado peruano para la exportación de manzanas (Diarioconcepcion.cl)
• Gobierno coordina medidas para apoyar a exportadores chilenos ante alza de aranceles en EE.UU. (Diarioconcepcion.cl)
• El 8,3% de las exportaciones de Chile estaría afecto a aranceles fijados por Estados Unidos (Eltipografo.cl)

The Chilean Government, under President Gabriel Boric, is coordinating measures to support Chilean exporters in response to the recent tariff hikes in the United States. During a meeting with ministers of Foreign Affairs, Finance, Economy, and Agriculture, the necessity to strengthen sectoral risk monitoring, intensify trade with other countries, and diversify Chilean markets and products was discussed. The meeting also addressed possible adjustments to ProChile's Export Fund and the incorporation of financial risk management tools for exporting companies.

A study reveals that 8.3% of Chile's exports would be subject to tariffs set by the United States. The 10% tariffs would take effect on April 5th, with higher tariffs applying from April 9th. However, the U.S. decided to implement a 90-day pause for countries with a tariff above 10%, reducing it to this minimum for the said period. Countries like the European Union, Japan, and India are left with a temporary tariff of 10%. China was the only nation excluded from this three-month relief.

Meanwhile, Chilean walnuts are making their mark in India, playing a key role in the national agri-food expansion. The recent business tour to India, which included a Chilean delegation from the walnut industry led by the Chilenat association, highlighted the growing interest in Chilean walnuts in the Indian market. Despite current tariff barriers reaching 100%, exports have continued to grow.

Chilean exports showed positive figures during the first quarter of 2025, reaching USD 27.048 billion, a 5.9% increase compared to the same period in 2024. Non-traditional and service exports, which recorded an increase of 6.3% and 28% respectively, were particularly noteworthy.

On the international front, Indonesia, the world's fourth most populous country and the seventh largest in terms of gross domestic product by purchasing power parity, joined the expanded BRICS+ group in January 2025.

In a meeting held in Washington, Chile and the United States agreed to establish a roadmap to strengthen their bilateral economic and trade relationship, despite the new tariff rates. They agreed to advance on three thematic axes and set a new meeting for June in Santiago, within the framework of the Free Trade Agreement.

• Gobierno coordina medidas para apoyar a exportadores chilenos ante alza de aranceles en EE.UU. (Diarioconcepcion.cl)
• El 8,3% de las exportaciones de Chile estaría afecto a aranceles fijados por Estados Unidos (Eltipografo.cl)
• La nuez chilena conquista India: clave en la expansión agroalimentaria nacional (Radioagricultura.cl)
• Exportaciones chilenas aumentan 5,9% en primer trimestre - PortalPortuario (Portalportuario.cl)
• El “espíritu de Bandung” y el desarrollo industrial de Indonesia, nuevo miembro de los BRICS+ (Elciudadano.com)
• Chile y EE.UU. acuerdan agenda bilateral en medio de nuevas tarifas arancelarias (Pauta.cl)

The Chilean-Indonesian Chamber of Commerce and Culture closely observes the unfolding of recent global events that could impact Chile's export sector, particularly the reinstatement of global tariffs by former U.S. President Donald Trump. This move, as analyzed by former Chilean Foreign Minister Heraldo Muñoz, threatens the Free Trade Agreement between Chile and the United States, which has been in place for over two decades. The Chamber echoes Mr. Muñoz's call for immediate consultations with the U.S. Trade Representative's office to clarify this situation.

Georgina Losada, Santa Fe's Secretary of Foreign Trade, also shared her insights, warning of the potential consequences of a global trade war. Despite the U.S. tariffs not directly affecting Argentina, an indirect impact could be felt in the province of Santa Fe. She highlighted the necessity of swift action to protect local productive sectors.

Meanwhile, Chile's Ministry of Finance announced that copper exports, a significant part of Chile's international trade, will be exempted from the U.S. imposed tariff. This comes as a relief amidst the tension, considering the recent acquisition of four copper projects in the Antofagasta region by Nobel Resources Corp.

On a positive note, the commencement of talks for a Comprehensive Economic Partnership Agreement (CEPA) with India has been celebrated by the president of Fruit of Chile, Iván Marambio. He predicts that this agreement could potentially double Chile's fruit shipments to India, making it a market as significant as Brazil, currently Chile's fourth largest buyer of fresh fruits.

The Chamber reaffirms its commitment to monitoring these developments and providing necessary support to Chilean businesses during these challenging times.

• Heraldo Muñoz advierte impacto de aranceles de Trump para Chile (Radioagricultura.cl)
• Losada: "Estamos frente a una guerra comercial que impactará a todos los países" (Rafaelanoticias.com)
• ¿Y qué pasó con el TLC? Como los aranceles de Donald Trump se "saltan" el acuerdo comercial con Chile | Economía | BioBioChile (Biobiochile.cl)
• Ministerio de Hacienda: Exportaciones de cobre serán excluidas del arancel impuesto por Estados Unidos - NOSTÁLGICA CL (Nostalgica.cl)
• Nobel Resources Corp. adquiere 4 proyectos de cobre en Chile (Redimin.cl)
• Frutas de Chile proyecta duplicar sus envíos a India tras inicio de conversaciones para acuerdo comercial – G5noticias (G5noticias.cl)

The Chile-Indonesia Chamber of Commerce and Culture is reporting on several significant developments in Chile's international trade and diplomatic relations this week.

Chile's dried plum exports continue to thrive, reaching 78 countries in 2024 and totaling 88,897 metric tons, equivalent to USD 255.119 million. This superfood's global reach and economic impact are a testament to Chile's robust agricultural sector.

However, Chile's economy faces threats from the recently announced 10% tariffs on Chilean products by the U.S. This measure, announced by President Trump on April 2, 2025, could potentially impact Chile's economy, which sends 14% of its exports to the U.S. Key products such as salmon, fruits, and wines may be affected, while copper and timber exports are expected to remain unaffected.

According to economist Jean Paul Quinteros, the tariffs could also impact sectors such as oil, leading to increased fuel prices. It is also predicted that there will be an effect on food and technological products imported directly from the U.S., impacting Chile's export competitiveness. In response, it is expected that Chile will seek new trade links.

In diplomatic news, Pablo Arriarán Ahumada has been appointed as the new Chilean ambassador to the People's Republic of China. A seasoned diplomat with extensive international experience, Arriarán's appointment comes at a crucial time for relations between the two countries.

Despite the challenges, Chile has so far successfully navigated the trade war instigated by President Trump. However, the longevity of this resilience remains uncertain, as indirect effects of the conflict could potentially impact Chile's economy in the coming months.

In response to the potential tariffs on copper, the Chilean government, through the Chilean Copper Commission (Cochilco), has submitted a letter to the United States defending its position as a "strategic and reliable partner". This move underscores the gravity with which Chile views the possible imposition of tariffs on its copper exports.

• Exportaciones de ciruelas chilenas deshidratadas suman USD 255.119 millones en 2024 - PortalPortuario (Portalportuario.cl)
• Aranceles del 10% a Chile < El Rancagüino (Elrancaguino.cl)
• Trump impone aranceles de 10% a Chile: economista prevé impacto en alimentos, petróleo y exportaciones | podria-ser-peor-group-programas | BioBioChile Televisión (Biobiochile.cl)
• Destacado Diplomático Asume Liderazgo en Embajada de Chile en China (Reportediario.cl)
• Cómo Chile ha logrado resistir la guerra comercial de Trump e incluso ha salido beneficiado de la misma - La Radio de Santiago (Eldiariodesantiago.cl)
• DF En Infinita | Ante aranceles al cobre: Chile envía carta a Estados Unidos (Infinita.cl)