Chile: Retail Foods

  |   Attaché Report (GAIN)   |   CI2021-0010

In 2020, Chile regained its position as the top market for U.S. consumer-oriented products in South America, followed by Colombia and Peru. The United States maintained its position as the second-largest supplier of consumer-oriented products to the Chilean market with a market share of 17 percent after Brazil, shipping $712.5 million. Retail food sales reached $27.9 billion in 2020, a 2.9 percent decrease over 2019 while supermarket sales totaled $15.1 billion and represented 54.2 percent in total retail sales. During the COVID-19 pandemic, the Chilean government designated the retail food sector as essential and continued to operate without interruptions. Local suppliers/distributors to supermarkets and mom-and-pop stores shifted toward e-commerce to reach consumers directly. As a result, online food and drink sales totaled 1.2 billion and grew by 133 percent in value.

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