Chile boasts the strongest economy in South America, ranking first in terms of competitiveness. Chile has the highest GDP in Latin America. The main industries are copper, lithium, other minerals, foodstuffs, fish processing, iron and steel, wood and wood products, transport equipment, cement and textiles.
Chile's main trading partners are China, Brazil, USA and Argentina.
Chile is one of the world's most earthquake prone countries in the world and the 2013 earthquake cost the country over 500 lives as well as 18% of GDP requiring considerable reinvestment in infrastructure.
Chile has a strong open economy having trade agreements with over 52 economies globally. China is the counties biggest trading partner taking 25% of the countries exports. The main export to China is copper but there is some concern over recent copper price falls. The country has strong connections with Europe where 20% of it's exports go and has some worries about the strength of the European economy.
The Chilien government plans to take the country to developed economy status by 2015 and is actively encouraging foreign direct investment and further investments in science and technology, education and is pushing the information society.
Chile has grown by over 6% in the last two years and expects growth of 5% in 2014.
Researchandexperts.com is a leading source of market research on Chile.
OECD Overview of Chile
Chile and the World Bank