Browse Data and Analysis

Chile presents excellent export opportunities for U.S. food and beverage exporters. After record-setting exports in 2021, shipments of U.S. agricultural and related products to Chile reached $1.1 billion in 2022.

In marketing year (MY) 2023/24, Post projects lemon production to grow by 6.7 percent and reach 175,000 metric tons (MT) due to high profits and an increase in area planted.

On December 13, 2023, Chile and the European Union (EU) signed an updated Free Trade Agreement, or Advanced Framework Agreement as it is currently termed. The new agreement expands market access for Chilean products to the European market and grants expansive protections for 216 geographical indications (GIs), including many commonly used names like feta, gruyere, kölsch, and parmesan.

In 2021, Chile maintained its position as the top market for U.S. consumer-oriented products in South America, followed by Colombia and Peru. The United States held 14 percent of Chilean market share of consumer-oriented products, shipping $886.4 million.