services

The Indonesian Chilean Chamber of Commerce and Culture reports that Chilean exports achieved a historic monthly record in January 2025, exceeding US$10,000 million according to the Subsecretariat of International Economic Relations. This comes as a significant milestone amidst several challenges faced by the export sector.

However, this achievement has been overshadowed by concerns within the agricultural sector due to a cut of $4,200 million to the Agricultural and Livestock Service (SAG) as announced by the Budget Office (Dipres). The National Society of Agriculture has expressed concern about the potential impact on the safety and quality of exports.

Further issues arose with a ship carrying 1,300 containers of cherries stranded in the Pacific Ocean, which may result in substantial losses. The Agroexport Council is currently evaluating the consequences of this incident.

On a positive note, the stranded cherries have reached China, and the containers will be inspected to verify the fruit's condition, confirmed Minister Valenzuela. The Office of Agricultural Studies and Policies (Odepa) is closely monitoring the situation.

Despite these challenges, Chile's export sector has shown resilience. While exports decreased by 15% in December 2024, largely due to a drop in the industrial sector, this was offset by a 33% increase in shipments to countries in the Asia-Pacific Economic Cooperation Forum.

Furthermore, the service sector achieved a historic record in 2024, with exports totaling US$ 2.472 billion, a 14.8% increase from 2023. The United States, Peru, and Colombia were the top three markets for these sales, indicating the sector's adaptability amidst the pandemic and digitalization trends.

Finally, the Senate unanimously approved the Free Trade Agreement between the Pacific Alliance and Singapore, aiming to improve access conditions to Singapore and increase exports, which had decreased by 54% between 2022 and 2023.

Despite a slight 0.2% decrease in salmon exports in November 2024, the sector saw a significant 11.4% growth in December 2024, reaching MMUS$535.1. South Korea and Japan were the most influential destinations for this increase.

• Exportaciones baten récord histórico durante enero mientras existe una alerta por recorte al SAG | radiograma-biobiotv | BioBioChile Televisión (Biobiochile.cl)
• Cerezas chilenas varadas en altamar llegan a China: Ministro Valenzuela confirma que se inspeccionarán los contenedores para verificar el estado de la fruta - ODEPA | Oficina de Estudios y Políticas Agrarias (Odepa.gob.cl)
• Exportaciones bajaron un 15% en diciembre | La Prensa Austral (Laprensaaustral.cl)
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• Senado da su aprobación al TLC entre la Alianza del Pacífico y Singapur | Senado República de Chile (Senado.cl)
• Los Lagos: Exportaciones de salmón chileno crecen un 11,4% en diciembre de 2024 (Aqua.cl)