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Panama - Chile Trade Expanding


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Panama – Chile trade expanding

Under the current trade agreement in force since 2008, currently 74% of tariff lines enjoy complete relief, which will grow to 97% in 2022.

“… Panama is the 29th largest trading partner of Chile and occupies the 25th position as an export destination. In 2014, Chilean exports to Panama were worth $179 million; and those from Panama to Chile were $80 million. “

Catalina Ocampo, commercial director of representation at Pro Chile, told Martesfinanciero.com that “… in the period 1990-2014, the cumulative investment of Chilean companies in the Panamanian market was worth about $813 million, mainly concentrated in the sector services. This represents 98.2% of the investment, focusing on finance, transportation, commerce, computer services and construction.”


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