Chile Automotive industry in the period 2004-2014 has been addressed by the strong attention of several Chinese car makers, landed here to create a platform for the entire Latin America.
Thanks to the market-oriented economy characterized by a high level of foreign trade and a reputation for strong financial institutions and sound policy China has the strongest sovereign bond rating in South America. Exports of goods and services account for approximately one-third of GDP, with commodities making up some three-quarters of total exports.
Chile has 22 trade agreements covering 60 countries including agreements with the European Union, Mercosur, China, India, South Korea, and Mexico. Chile has joined the United States and nine other countries in negotiating the Trans-Pacific-Partnership trade agreement.
Starting from the mid 2014 Chile’s economy suffered a significant deceleration mainly due to falling investment, weaker private consumption and fall of raw materials price in the international market, in particular for the copper, a huge national resource.
However during the second half 2016 signs of economic recovery are supporting an economic recovery and the automotive industry is taking back its path on a medium trend positive performance.
Research, Consulting, Data & Forecast Store
F2M covers intensively this market with several products developed to help any investigation required.
Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.
Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.
All these and more within our Chile Corner Store.