The Indonesian-Chilean Chamber of Commerce and Culture is pleased to report several significant advancements in Chile's trade and industry sectors over the past week. These developments underscore Chile's ongoing commitment to fostering international trade and strengthening its position in key industries.

Port exports of horse mackerel and cuttlefish from Bio Bio region saw a significant increase in 2024, with horse mackerel exports totaling USD 299 million, a 4% growth, and cuttlefish exports reaching USD 42 million, a 40% increase, according to PortalPortuario.

Furthermore, Chile is bolstering its global leadership in mining with the establishment of a new Committee of Fairs and International Mining Activities. This collaborative public-private initiative aims to strengthen Chile's mining identity and facilitate the country's continued participation in international industry forums and meetings.

In the field of green energy, Chile reinforced its leadership in green hydrogen with a successful participation in Hyvolution Paris 2025. The event gathered over 550 exhibitors from 30 countries and attracted more than 11,000 visitors. Chile's prominent role in this event further emphasizes its commitment to sustainability and green energy.

Moreover, Chile exported a total of 48 GWh of energy to Argentina in 2023, the highest volume since the 107 GWh recorded in 2016, as per the report by the Regional Energy Integration Commission (CIER).

Chilean wine exports also saw an increase in 2024, with a growth of 10.7% in volume and 5.4% in value, according to Wines of Chile. Brazil remains the main market for Chilean wine exports.

Lastly, Chilean foreign trade mobilized 125 million tons last year, with exports representing more than half. A whopping 97% was carried out by sea, highlighting the crucial role of ports in the country's development and competitiveness.

In conclusion, these achievements reflect Chile's persistent efforts to enhance its trade and industry sectors, reinforcing its position on the global stage.

• Exportaciones de jurel y jibia desde Bio Bio aumentan 40% en 2024 - PortalPortuario (Portalportuario.cl)
• Chile impulsa su liderazgo global en minería con el nuevo Comité de Ferias y Actividades Mineras Internacionales (Redimin.cl)
• Chile refuerza su liderazgo en hidrógeno verde con exitosa participación en Hyvolution Paris 2025 - Reporte Minero | El portal de minería en Chile (Reporteminero.cl)
• Chile exportó un total de 48 GWh de energía a Argentina en 2023 | Electromineria (Electromineria.cl)
• Publimark.cl - Aumentaron en 2024 las exportaciones de vino chileno embotellado (Publimark.cl)
• Plataforma para un Pacífico exportador | Diario Financiero (Df.cl)

The Chilean-Indonesian Chamber of Commerce brings to light the key events shaping the economic landscape of Chile. This week's focus is on agricultural threats, cherry exports, and the signing of a significant trade agreement.

Agricultural Threats: The beginning of 2025 saw a potential threat to Chile's agricultural sector. A group of Argentine tourists, attempting to enter Chile, were found carrying fresh vegetables infested with fruit fly larvae, a dangerous pest that threatens the country's crops. The Agricultural and Livestock Service (SAG) seized and analyzed the vegetables, confirming the presence of the pest. The SAG had previously launched a nationwide campaign to eradicate the fruit fly, releasing sterile insects to reduce reproduction and imposing a fruit quarantine around detected outbreaks.

Cherry Exports: The cherry industry in O'Higgins is looking to the Chinese New Year to help reverse a decline in prices. Despite an expected increase of 50.5% in exports for the 2024-2025 season, the market has faced significant price drops in China, which receives 92.4% of the exports. The Pacific South Terminal in Valparaíso reported an increase of 66% in the total tons of cherries moved during the 2024-2025 season, compared to the previous one.

However, not all export news was positive. The Atacama Region experienced a 4.5% year-on-year decrease in exports in November 2024, according to a report from the National Institute of Statistics (INE). The mining sector, which primarily exports copper and iron, was most affected by this decline.

Trade Agreement: Chile is on the verge of signing a trade agreement with Singapore, the third strongest economy in Southeast Asia. The Chilean Chamber of Deputies approved the Free Trade Agreement signed between the Pacific Alliance countries and Singapore. This agreement is expected to bring significant benefits to the Alliance and Chile, promoting trade, technology and knowledge transfer, foreign investment, export diversification, and the generation of productive chains.

The Office of Agricultural Studies and Policies (Odepa) reported that the agricultural trade balance grew by 27% in 2024, reaching US$ 11.756 billion. This growth is attributed to the significant demand for Chile's product offerings in international markets, as well as the country's favorable phytosanitary conditions.

• Picudo rojo, mosca de la fruta y gripe aviar: Plagas amenazan con llegar a Chile por los viajeros (Eldesconcierto.cl)
• Empresas exportadoras de cerezas en O'Higgins miran al Año Nuevo chino para revertir caída de precios (Eltipografo.cl)
• EN NOVIEMBRE DE 2024, LAS EXPORTACIONES DE LA REGIÓN DE ATACAMA DISMINUYERON 4,5% INTERANUALMENTE – Tierramarillano – Noticias de Atacama y Chile (Tierramarillano.cl)
• Odepa: Balanza comercial silvoagropecuaria creció 27% en 2024 – Simfruit (Simfruit.cl)
• Terminal Pacífico Sur de Valparaíso finalizó temporada de exportaciones de cerezas 2024-2025 – Simfruit (Simfruit.cl)
• Chile ad portas de firmar acuerdo con Singapur, la tercera economía más fuerte del sudeste asiático (Eldesconcierto.cl)

The Indonesian-Chilean Chamber of Commerce and Culture is pleased to report significant developments in Chile's economic landscape. The Bio Bio region recorded a 14.9% rise in exports in October 2024, amounting to USD 548.7 million, driven primarily by the industrial and silvoagropecuary sectors. The industrial sector alone accounted for USD 541.5 million, a 15.9% increase from October 2023, while the silvoagropecuary sector grew by 29.9% within the same period. However, other export sectors and fishing experienced a downturn.

In a move to further boost the Chilean economy, President Gabriel Boric has enacted the Energy Transition Law aimed at promoting renewable energy and job creation. This strategic move is expected to attract significant investments into the energy sector, subsequently enhancing the quality of life for Chileans.

Chilean salmon has also been making waves globally, expanding its reach to over 100 international markets and recording significant growth in emerging markets. This development reinforces Chile's position as a key player in the global seafood industry.

On the digital front, Chile is poised to take a leap in the digital economy. With all the key enabling factors in place, the country is ready to harness digitalization as a major driver of its economy. The fourth industrial revolution, led by Artificial Intelligence, presents a unique opportunity for Chile to create quality jobs and export opportunities through the digital economy. Achieving this, however, will require synergy between the productive sector, the state, and society.

Despite these promising developments, the mining sector has faced challenges. Nickel hit a four-year low due to the Federal Reserve's unenthusiastic outlook for the coming year, overshadowing potential significant cuts in Indonesian mining.

Lastly, the government has highlighted a peak in cherry shipments to Asia for the Chinese New Year, further showcasing the country's export prowess.

• Exportaciones de Región del Bio Bio suben 14,9% en octubre - PortalPortuario (Portalportuario.cl)
• Presidente Gabriel Boric promulga Ley de Transición Energética para impulsar renovables y empleo en Chile - Revista Digital Minera REDIMIN (Redimin.cl)
• El salmón chileno amplía su alcance global con crecimiento en mercados emergentes (Salmonexpert.cl)
• Chile y la economía digital: es hora de dar el salto (Elmostrador.cl)
• Níquel toca mínimo de cuatro años ante pesimismo de la Fed y posibles recortes mineros en Indonesia - Revista Digital Minera REDIMIN (Redimin.cl)
• Gobierno destaca "peak de envíos de cerezas" a Asia por el Año Nuevo chino | Economía | BioBioChile (Biobiochile.cl)

The Chilean-Indonesian Chamber of Commerce and Culture has been closely monitoring the economic developments in Chile. Several key sectors have shown promising growth and potential, which we believe are noteworthy.

OCDE's Economic Forecast

Adolfo Rodríguez-Vargas, the chief economist for Chile at the Organisation for Economic Cooperation and Development (OECD), has expressed confidence in Chile's export strength. The OECD has adjusted its projections for the Chilean economy, estimating a 2.4% expansion of the Gross Domestic Product (GDP) this year. However, it has also revised its forecasts for 2025 down from 2.5% in May to 2.3%. The changes for this year are due to an upward revision of the expansion of exports and a decrease in imports, while the recomposition of domestic demand would contribute slightly less to activity.

Chile's Third Industry: Aquaculture and Agriculture

The II Symposium "Sciences and Footprints of Agriculture", organized by the Doctorate in Agricultural Sciences of the Catholic University of Chile (UC) with the support of Salmones Antártica, highlighted the potential of creating a third industry in Chile combining aquaculture and agriculture. This initiative is backed by the Technological Program for the Local Production of Nutritional Inputs for Aquaculture (PTEC-INVA), a public-private and academic initiative promoted by the Corporation for the Promotion of Production (Corfo).

Geopolitics, Environmental Regulations, and Mineral Exports

Geopolitics and environmental regulations could potentially impact the exports of minerals from the region. Tanvi Sharma, Senior Research Analyst - Bulk Research, Drewry, highlighted this during the "Shipping Seminar 2024". The market behavior of various commodities relevant to our region, including iron ore and coal, is determined by a complex interplay of causes and effects.

Salmon Exports

ProChile has promising projections for the export of salmon. The Enexpro Sea Products 2024, an initiative that allowed 60 Chilean companies from Coquimbo to Punta Arenas to present themselves, was developed in Puerto Varas.

Corporate Tax Rate Reduction Proposal

The Chilean government's proposal to reduce the corporate tax rate to 25% is a bold strategy to stimulate economic growth and attract foreign direct investment (FDI). However, this measure has also sparked substantial debates about its fiscal, social, and economic impact, necessitating a balanced analysis of the benefits and risks.

Boom in Cherry Exports

There is a significant boom in the export of cherries from Chile to Asia. This surge in demand underlines the potential of Chile's agricultural exports and the opportunities it presents for foreign traders and investors.

• Adolfo Rodríguez-Vargas, economista OCDE: “Las exportaciones van a mantenerse fuertes. El asunto es cuán sólida sea la demanda externa por los minerales que vende Chile” | Diario Financiero (Df.cl)
• Acuicultura más agricultura: La gran oportunidad de crear una tercera industria en Chile - AQUA (Aqua.cl)
• ¿Cómo la geopolítica y las normativas ambientales podrían afectar a las exportaciones de minerales de la región? - MundoMaritimo (Mundomaritimo.cl)
• Las promisorias proyecciones de ProChile para las exportaciones de salmón (Salmonexpert.cl)
• Evaluación de Propuesta de Reducción de la Tasa Impositiva Corporativa al 25% en Chile | Diario El Pulso desde O'Higgins para Chile y el mundo (Diarioelpulso.cl)
• [VIDEO] Boom por las cerezas chilenas: conoce el significado detrás del furor en China por cargamentos (Soychile.cl)

This week, a series of significant events have occurred in the commercial and cultural sectors of Chile and Indonesia, highlighting the strengthening ties between the two countries.

The Zhejiang Huayou Cobalt company is mobilizing a significant investment in Indonesia for a nickel processing plant, backed by Ford Motor. This project represents a critical step in the supply of battery-grade nickel, vital for the electric vehicle market.

Chile is making progress in becoming the first country to open the South Korean market to fresh plums. The Agricultural Livestock Service (SAG) and Fruits of Chile have achieved advances for the opening of the South Korean market. This progress includes a technical public-private delegation making strides in the analysis of cold treatment in transit for Chilean fruit exports and electronic certification.

Japan is emerging as the premium market in Asia for Chilean salmon and trout exports, according to data provided by the National Customs Service's Department of Studies.

Chile and Vietnam have signed agreements on agriculture, defense, culture, and export promotion. These agreements further strengthen Chile's international relations and open new avenues for trade and cultural exchange.

In a significant event held in Beijing, China and Indonesia have signed agreements worth $10 billion, mainly focusing on key sectors such as green energy and technology. This Indonesia-China Business Forum marks a new chapter in the strategic relations between the two nations.

With the beginning of the fruit export season in Chile, the refrigerated container (reefer) market is experiencing a significant increase in rates, driven mainly by growing demand and equipment shortage. External factors, such as port congestion in Asia and strikes in the United States, are creating a domino effect that goes far beyond Chilean borders.

Due to better freight prices in Chile, shipping companies are prioritizing their resources there, reducing the availability of reefers in neighboring countries such as Peru and Ecuador. Chile is one of the main fruit exporters in the southern hemisphere, especially perishable products like cherries, blueberries, and grapes. These products require transportation under controlled refrigeration conditions to ensure their freshness in destination markets, particularly in North America and Asia.

• Importante proyecto de inversión en Indonesia respaldado por compañías automotrices clave (Redimin.cl)
• Chile avanza en ser el primer país en lograr apertura del mercado coreano para ciruelas frescas - PortalPortuario (Portalportuario.cl)
• Japón se alza como el mercado premium de Asia para el salmón chileno (Salmonexpert.cl)
• Chile y Vietnam firman acuerdos en materia agrícola, defensa, cultura y promoción de las exportaciones (Radiopaulina.cl)
• Acuerdos Bilaterales: China e Indonesia firman tratos multimillonarios en tecnología verde (Redimin.cl)
• Temporada Sudamericana de envíos de frutas: Escasez de contenedores refrigerados y alza de tarifas – Simfruit (Simfruit.cl)

The Chilean-Indonesian Chamber of Commerce and Culture reports on a series of significant developments in the bilateral trade relations between Chile and Indonesia. These developments include the expansion of Chile's fruit exports to Indonesia, the surge in Chilean salmon exports, and the opening of the Chilean market to Bolivian products.

As Chile gears up for the fruitful export season of 2024-2025, the Chilean ambassador in Indonesia, Mario Artaza, and the head of the Division of Agricultural, Forestry and Seed Protection of the Agricultural and Livestock Service (SAG), Marco Muñoz, met with representatives of the Indonesian Quarantine Agency (IQA). The strategic discussions revolved around opening the market for fresh Chilean lemons, the entry of nuts with and without shell, progress in electronic certification, renewal of recognition of the Chilean safety system, and the export of frozen fruits.

Chile is also expanding its salmon exports to new countries, including Australia, which has approved Chile as compliant with its rigorous biosecurity standards (BICON) for salmonid importation. Chile's salmon exports play a crucial role in the national economy and in regions with strong aquaculture activity. In 2023, shipments of this product exceeded US$6 billion.

Meanwhile, negotiations are advancing for the opening of the Chilean market to Bolivian products. This is part of a decision to boost trade and strengthen bilateral economic ties. The products include milk, beef, oregano, avocado, llama meat products and by-products; Amazonian fruits, peanuts, almonds, honey, and eggs.

In other news, the East Java Multipurpose Terminal (EJMT) in Indonesia has partnered with Sinarmas LDA Usaha Pelabuhan (SLUP) for towing and pilotage tasks. Furthermore, Vina Santa Rita, a Chilean wine company, reported a slight increase in revenues during the first nine months of the year, with consolidated export market revenues increasing by 6.8%.

Lastly, the Agricultural and Livestock Service (SAG) has inaugurated a record-breaking season of Chilean cherry exports, certifying the first 10 tons of this valuable fruit. With Chile established as a global leader in cherry production, this year is expected to set a new export record.

• Chile busca nuevas oportunidades para exportar fruta a Indonesia | SAG (Sag.gob.cl)
• Chile amplía exportación de salmón hacia nuevos países y suma Australia como nuevo mercado - Prensa Digital (Prensadigital.cl)
• Avanzan negociaciones para apertura del mercado chileno a productos bolivianos  - PortalPortuario (Portalportuario.cl)
• Indonesia: East Java Multipurpose Terminal se asocia a Sinarmas LDA Usaha Pelabuhan para labores de remolque y practicaje - PortalPortuario (Portalportuario.cl)
• Ventas de Viña Santa Rita alcanzan los $ 121.387 millones en los primeros nueve meses del año | Diario Financiero (Df.cl)
• Con el envío de las primeras 10 toneladas SAG inaugura temporada récord de exportación de cerezas chilenas - Araucanía Noticias Temuco (Araucanianoticias.cl)

The Indo-Chilean Chamber of Commerce and Culture is pleased to report on several significant developments in the international trade space involving both Indonesia and Chile.

Chilean Salmon Exports

Chile has successfully expanded its salmon exports, with Australia now added to its list of market destinations. This move comes after Chile met the stringent biosecurity standards set by Australia (BICON) for salmonid imports. Chilean salmon exports, which surpassed US$6 billion in 2023, play a vital role in the national economy and in regions with robust aquaculture activity. The addition of Australia bolsters Chile's presence in markets such as the United States, Brazil, and Russia.

Chilean Market Opens to Bolivian Products

Chile and Bolivia are making significant strides in opening the Chilean market to Bolivian products, including milk, beef, oregano, avocados, llama meat products, Amazonian fruits, peanuts, almonds, honey, and eggs. This is part of a broader effort to invigorate trade exchanges and strengthen bilateral economic ties. The meeting to promote commercial exchange was presided over by Huáscar Ajata, Bolivia's Vice Minister of Foreign Trade and Integration, and Claudia Sanhueza, Chile's Undersecretary of International Economic Relations.

Indonesia's EJMT and SLUP Partnership

In Indonesia, East Java Multipurpose Terminal (EJMT), a branch of International Container Terminal Services, Inc. (ICTSI), has appointed Sinarmas LDA Usaha Pelabuhan (SLUP) as its towing and pilotage provider. With this partnership, SLUP will deploy two port tugboats with a total engine power of 6,200 horsepower and provide Class 1 maritime pilot services to support the pilotage operations of the EJMT terminal and Lamongan Shorebase.

Vina Santa Rita's Sales and Chilean Cherry Exports

Vina Santa Rita reported a slight 0.3% increase in revenues during the first nine months of the year, totaling $121.387 billion. The consolidated export market, which includes Chile and Argentina, saw an increase in billing in Chilean pesos by 6.8%, reaching $61.935 billion pesos.

Meanwhile, the Chilean Agricultural and Livestock Service has launched an historic cherry export season, certifying the first 10 tons of this valuable fruit destined for demanding markets in China, India, Thailand, Taiwan, South Korea, and Spain. With Chile positioned as a global leader in cherry production, this year is expected to set a new export record.

• Chile amplía exportación de salmón hacia nuevos países y suma Australia como nuevo mercado - Prensa Digital (Prensadigital.cl)
• Avanzan negociaciones para apertura del mercado chileno a productos bolivianos  - PortalPortuario (Portalportuario.cl)
• Indonesia: East Java Multipurpose Terminal se asocia a Sinarmas LDA Usaha Pelabuhan para labores de remolque y practicaje - PortalPortuario (Portalportuario.cl)
• Ventas de Viña Santa Rita alcanzan los $ 121.387 millones en los primeros nueve meses del año | Diario Financiero (Df.cl)
• Con el envío de las primeras 10 toneladas SAG inaugura temporada récord de exportación de cerezas chilenas - Araucanía Noticias Temuco (Araucanianoticias.cl)
• ¿Por qué Indonesia bloqueó la venta del iPhone 16? (Biobiochile.cl)

The Indo-Chilean Chamber of Commerce and Culture is pleased to report on the promising developments in Chile's agricultural export sector, with a particular focus on the cherry and wine industries.

Chilean Cherry Exports Set to Soar

The 2024-25 season begins with high expectations for Chilean cherry exports, projecting a 59% increase from the previous year. The "Cherry Blossom" event in Chimbarongo, led by Claudia Soler, executive director of the Chilean Fruit Committee, announced plans to export a record 131,587,007 boxes of cherries, equivalent to 657,935 tonnes. This volume represents 27% of all fresh fruit exported by Chile. The event was attended by key figures including the Chinese Ambassador, Niu Qingbao, and the Minister of Agriculture, Ignacia Fernandez, both of whom highlighted the public-private collaboration in the sector.

Challenges in the Wine Industry

Despite the growth in volume of wine exports, the industry faces challenges with stagnant prices. The August 2024 report indicates a 7.7% increase in bottled wine shipments compared to the same month in 2023, but the value of the exports remained virtually unchanged, at a total of USD 119.7 million. The average price fell by 6.6%, standing at USD 30.2 per box.

China and the US Remain Key Export Markets

The Office of Agricultural Studies and Policies (Odepa) reported a 10% increase in forestry and agricultural exports from January to September, reaching USD 15.215 billion. The main destinations for these exports were China (31%), the US (21%), Japan (4%), Mexico (4%), the Netherlands (4%), South Korea (4%), Brazil (4%), and Colombia (2%).

Meeting with President Gabriel Boric

Frutas de Chile held a meeting with President Gabriel Boric at La Moneda Palace to discuss matters aimed at boosting the development of the country's fruit sector, including the need to modernize and deepen the export agenda at an intersectoral level.

• Chile proyecta crecimiento récord en exportación de cerezas para la temporada 2024-25 | Publimicro (Publimicro.cl)
• Ojo con el vino: Exportaciones crecen en volumen, pero enfrentan desafíos de precio (Eltipografo.cl)
• China y EEUU siguen siendo los principales destinos de las exportaciones forestales y agropecuarias de Chile - El Periodista (Elperiodista.cl)
• Chile marcará un récord en cerezas: Proyectan un aumento del 59% en exportaciones (Eltipografo.cl)
• Estiman que exportaciones de cereza aumentarán un 59%: China es el principal destino | Radios Regionales (Radiosregionales.cl)
• Frutas de Chile se reúne con Presidente Gabriel Boric para reforzar agenda exportadora del país - PortalPortuario (Portalportuario.cl)

The Chilean-Indonesian Chamber of Commerce and Culture is pleased to bring you the latest updates in the world of commerce and culture between Chile and Indonesia. We have curated the most relevant news items to provide a comprehensive overview of the week's events.

Francisco Lecaros, president of the Mining Foundation of Chile, emphasizes that Chile should not only export minerals but also mining knowledge. The Foundation has launched a massive campaign to educate a million people about the importance of mining in their daily lives, offering educational games, maps, and brochures.

India emerges as one of the most dynamic markets for Chilean fruit exports, with a 53% increase in the first seven months of this year compared to the same period last year. India is now the fastest-growing market among the top 15 destinations for Chilean exports, according to data from the National Customs Service.

Despite the positive results of agricultural exports, other indicators such as production levels, poverty rates in rural areas, and economic and social inequalities in family farming need to be considered for a comprehensive diagnosis of the national agrarian situation. According to the Central Bank data, the exports from the agricultural, forestry, and fishing sector reached $5.601 billion in the first half of this year, a more than 10% increase from last year.

Chile remains the leading lithium producer in South America and second in the world, behind Australia. In 2023, national production reached 270,947 tons of lithium carbonate equivalent, a 4.3% increase from 2022 and a 120.5% increase from 2020. Production is projected to reach 275,000 and 285,000 tons in 2024 and 2025, respectively.

The price of farmed Atlantic salmon from Norway has fallen by 14% since June 2006, but the amounts achieved in August still far exceed those of 2005. Similarly, Chilean salmonids are experiencing a similar situation. The high prices in Europe and Japan have diverted national exports from their traditional market, the United States.

The Chilean Foreign Minister, Alberto van Klaveren, met with the Indian Ambassador to Chile, Abhilasha Joshi, to discuss the upcoming Chile Summit India 2024. This public-private event, organized by ProChile, aims to seek new opportunities in the Asian sector and strengthen ties between the two nations in terms of trade cooperation and initiatives to facilitate the exchange of goods and services.

• Francisco Lecaros, presidente Fundación Minera: “Chile no solo debe exportar minerales, sino que también minería” - NOSTÁLGICA CL (Nostalgica.cl)
• India se ubica como uno de los mercados más dinámicos para las exportaciones frutícolas chilenas – Simfruit (Simfruit.cl)
• Exportaciones y políticas agrícolas – El Clarin de Chile (Elclarin.cl)
• Chile sigue liderando la producción de litio en Sudamérica a la vez que cae valor de las exportaciones – Diario Chañarcillo (Chanarcillo.cl)
• Comercialización de salmónidos continua al alza - AQUA (Aqua.cl)
• Canciller se reúne con embajadora de la India previo al Chile Summit India 2024 - Minrel (Minrel.gob.cl)

The Indo-Chilean Chamber of Commerce and Culture presents a summary of the week's most relevant news regarding the economic and commercial landscape in Chile. This includes the lithium market, international relations, and exports.

Chile's Lithium Market
The demand and production of lithium in Chile have experienced a decline, as reported by Revista Digital Minera REDIMIN. This decrease has had a significant impact on the market. However, despite this downturn, a report from the Chilean Copper Commission (Cochilco) projects a surplus of lithium in the country for the coming years. The report, titled "Lithium Market. Projection 2024 - 2025," covers various aspects such as demand, supply, production, exports, and the price of the mineral.

Chile's International Trade
The Undersecretary of International Economic Relations, Claudia Sanhueza, recently addressed the challenges of international trade at the UOH. The talk, titled "Chile and its Trade Policy," aimed to foster open and constructive dialogue about Chile's role in international commerce and the future challenges in exports. Sanhueza emphasized the objectives of the current trade policy and the ongoing agreements.

Chile's Exports to India
On a positive note, Chile's exports to India have seen a 53 percent increase, primarily driven by fruits, manufactures, and mineral products, as reported by Al servicio de la verdad. Key commodities include iodine, molybdenum, cellulose, and food items such as walnuts, apples, and kiwis. This upswing in trade is a testament to the efforts of ProChile, the foreign ministry's institution promoting the country's goods and services globally.

Economic Growth and Competitiveness in Chile
Economist Roberto Darrigrandi, in an interview with PortalPortuario, expressed concern over Chile's economic growth and competitiveness. Darrigrandi stated that Chile has not seen significant growth for the past decade and argued that the country's issues with productivity and competitiveness cannot be blamed on external global incidences. He emphasized the need for internal advancements and innovations, such as digitalization, to stimulate growth.

• La caída en la demanda y producción de litio en Chile: impacto en el mercado - Revista Digital Minera REDIMIN (Redimin.cl)
• Informe de Cochilco entrega proyecciones en torno al litio en el corto plazo - Mch (Mch.cl)
• Subsecretaria de Relaciones Económicas Internacionales abordó desafíos del comercio internacional en la UOH – G5noticias (G5noticias.cl)
• Superávit de litio en Chile se mantendrá en los próximos años - Revista Digital Minera REDIMIN (Redimin.cl)
• Aumentan en 53 por ciento exportaciones de Chile a la India – Al servicio de la verdad (Cronicadigital.cl)
• Roberto Darrigrandi: "Chile no crece hace diez años y no se puede culpar al mundo exterior" - PortalPortuario (Portalportuario.cl)