The U.S.-Chile Free Trade Agreement United States-Chile Free Trade Agreement (FTA) entered into force on January 1, 2004.
Chile Trade & Investment Summary
U.S. goods and services trade with Chile totaled an estimated $48.6 billion in 2022. Exports were $28.9 billion; imports were $19.7 billion. The U.S. goods and services trade surplus with Chile was $9.2 billion in 2022.
U.S. goods exports to Chile in 2022 were $22.3 billion, up 28.5 percent ($4.9 billion) from 2021 and up 19 percent from 2012. U.S. goods imports from Chile totaled $15.6 billion in 2022, up 3.4 percent ($506 million) from 2021, and up 66 percent from 2012. U.S. exports to Chile account for 1.1 percent of overall U.S. exports in 2022. The U.S. goods trade surplus with Chile was $6.7 billion in 2022, a 196.0 percent increase ($4.4 billion) over 2021.
U.S. exports of services to Chile were an estimated $6.7 billion in 2022, 25.5 percent ($1.4 billion) more than 2021, and 75 percent greater than 2012 levels. U.S. imports of services from Chile were an estimated $4.1 billion in 2022, 53.8 percent ($1.4 billion) more than 2021, and 67 percent greater than 2012 levels. Leading services exports from the U.S. to Chile were in the transportation, travel, and professional and management services sectors. The United States had a services trade surplus of an estimated $2.6 billion with Chile in 2022, down 3.1 percent from 2021.
U.S. foreign direct investment (FDI) in Chile (stock) was $29.2 billion in 2022, a 6.1 percent increase from 2021. U.S. direct investment in Chile is led by finance and insurance, mining, and manufacturing.
Chile's FDI in the United States (stock) was $5.1 billion in 2022, up 45.8 percent from 2021.
