Chilean agricultural exports to China this year are going quite well, according to Rodrigo Contreras, an official with the Agriculture Ministry. Agricultural exports have grown nearly 3 percent in the first half of the year, Contreras told Xinhua, adding that end-of-year shipments should contribute to increasing the trade flows as Chinese demand continues. The Asian giant is Chile’s largest trade partner, with bilateral trade reaching 31.3 billion U.S. dollars in 2014, according to China’s Ministry of Commerce…Full Article: Xinhua Aug 2015
- In 2014, approximately 91% of Chinese imports from Chile were comprised of copper, cellulose, iron, chemicals and fish meal. Additionally, China approved the use of an electronic certification system that streamlined imports of Chilean pork.
- From 2005 to 2013, Chinese imports of Chilean goods grew from US$5 billion to US$19 billion. Copper constituted the largest portion of Chilean shipments by value. Chile is also a known Chinese supplier of fresh fruit, wine, and fish.
- In October 2006, the FTA went into effect.
- In November 2005, China and Chile signed the China-Chile Free Trade Agreement (FTA).