The Indonesian-Chilean Chamber of Commerce and Culture presents a summary of the week's economic developments, highlighting the fluctuations in exports, growth in key markets, and the potential for increased cooperation between Indonesia and Chile.
In the Arica and Parinacota region, the total exports registered in June 2024 amounted to $23.8 million, representing a negative variation of 15.4% compared to the same period of the previous year, according to the National Institute of Statistics. The sectors with the most significant participation were Industry, representing 73.9% with an interannual contraction of 25.5%, and Mining, which reached 23.0% of the total exported, with a twelve-month growth of 27.0%.
On a brighter note, the Valparaíso region witnessed an interannual variation of 31.8% in its exports in June 2024, totaling $490.3 million. The Mining sector led the way with a 67.2% participation, followed by the Industry sector with a 25.3% participation, primarily due to declines in Oil Refinery and Derivative Products activities.
Chilean exports grew by 1.4% in the first semester of 2024, with fruits and wines standing out in key markets such as the United States, Europe, and Brazil. This growth reflects the dynamism of shipments to the main international markets, emphasizing the need to reinforce service exports, expand the product portfolio, and pay special attention to items such as lithium, grapes, and wines.
However, a decline in salmon production negatively impacted exports, with a negative variation of 22.5% compared to the same month of the previous year. Despite the increase in shipments of meat, wool, hake, king crab, and sea urchins, the regional salmon farming industry experienced a significant downturn.
In Indonesia, PT Pupuk Indonesia (Persero) is increasing its contribution to societal welfare through the agricultural sector. The company implemented the Tajumase (Tani Maju Makmur Sejahtera) program in two villages, including Hadakewa Vowong in Lembata Regency, East Nusa Tenggara (NTT).
Finally, Indonesia, the fastest-growing economy in Southeast Asia, is inviting Chilean companies to invest and diversify their businesses with high-quality products and services at competitive prices.
Source:
- Arica y Parinacota: Exportaciones decrecen 15,4% en doce meses - PortalPortuario (Portalportuario.cl)
- Exportaciones de la Región de Valparaíso presentan variación interanual de 31,8% en junio de 2024 - PortalPortuario (Portalportuario.cl)
- Agregados comerciales de Chile trazan su camino tras un semestre con cuentas a favor » DUPLOS.CL (Duplos.cl)
- Cómo los fertilizantes indonesios maximizan el potencial agrÃcola en las zonas costeras de NTT - Natura Hoy (Naturahoy.com)
- Baja en la producción de salmones fue el principal factor que jugó en contra de las exportaciones | La Prensa Austral (Laprensaaustral.cl)
- Indonesia invita a empresas en Chile (Elproa.cl)