The Chilean salmon farming industry is facing a significant blow as the new tariff policy of President Donald Trump is expected to impact Southern Chile with a loss of US$1.050 billion. According to a study by the Universidad San Sebastián and SalmonChile, 42% of Chilean salmon exports are sent to the US, accounting for 55% of the American salmon market. This new tariff could potentially reduce salmon exports by US$571 million, with a further decrease of US$53 million due to slower global growth, totaling a loss of US$623 million in exports.

Meanwhile, in a bid to boost fruit exports to the US, authorities from the Agricultural and Livestock Service (SAG), representatives of the Coquimbo Regional Government, and Frutas de Chile visited the Fresh Fruit Inspection Center in Cabrero, Biobío region. The aim is to replicate the successful model developed in Cabrero that has significantly enhanced fruit exports to the US.

Positive export figures have been reported by ProChile Magallanes. Non-copper and non-lithium exports from the Magallanes region reached US$366 million during the first quarter of 2025, marking a 42.6% growth compared to the same period in the previous year. Despite the complex international trade context, these figures bring optimism and reassurance to many local companies relying on exports.

However, the Chilean dairy exports have seen a downturn, with a drop of 8.3% in the first quarter of 2025. This negative trend reflects unfavorable figures due to decreased demand from key markets such as the United Arab Emirates and Colombia, although this has been partially offset by an increase in markets like Brazil and Peru.

ProChile Los Lagos has reinforced its export agenda with a focus on the aquaculture sector during the 2025 Regional Export Council. The session brought together major guilds from the aquaculture sector, aiming to coordinate public-private actions to boost regional exports. The agenda projects Chile's presence at Expo Osaka 2025, where the "Sea Week" will be celebrated from June 2 to 7.

• El sur de Chile se verá impactado en US$1.050 millones por aranceles a la salmonicultura (Salmonexpert.cl)
• Autoridades visitan sitio de inspección de fruta en Cabrero para replicar modelo en la región - El Ovallino - Pasion por el Limarí (Elovallino.cl)
• ProChile Magallanes: Exportaciones: 42,6%: primer trimestre (Aqua.cl)
• Agricultura en clima extremo: Magallanes busca autoabastecerse e incluso exportar (Prochile.gob.cl)
• Las exportaciones lácteas chilenas caen 8,3% en el primer trimestre - Diario Lechero (Diariolechero.cl)
• ProChile refuerza agenda exportadora con foco acuícola en sesión del Consejo Regional de Los Lagos - RadioSago 94.5 Osorno y 96.5 Puerto Montt (Radiosago.cl)

The Indonesian-Chilean Chamber of Commerce and Culture is closely monitoring the developments in the Chilean mining industry. As reported by Tierramarillano, the industry is facing potential tariff increases, which could pose significant challenges to the sector. The mining industry is considered the backbone of the Chilean economy, and any obstacles to its growth could have far-reaching effects. The chamber has repeatedly stressed the need to repeal articles 7, 8, and 9 of the Mining Code to encourage fresh investments and increase production, thereby earning more foreign exchange for the country.

Amidst escalating tensions between China and the United States, political scientist Juan Pablo Sims suggests that Chile's best course of action is to maintain open trade markets with both countries. As reported by Radio Concierto Chile, the ongoing trade war between the two economic giants threatens to drag other nations into the conflict. The chamber echoes Sims' sentiments, emphasizing the importance of maintaining a balanced trade relationship with both China and the U.S.

In a move towards sustainable mining practices, Chile and the European Union (EU) are strengthening their strategic alliance. According to the Digital Mining Magazine REDIMIN, they aim to promote sustainable value chains in critical minerals through agreements and participation in EXPOMIN 2025. The chamber supports this initiative, recognizing the importance of sustainability in mining and the potential benefits of a closer relationship with the EU.

An Oced-UDP report indicates that 8.3% of Chile's exports could be subject to U.S. tariffs. This places the country in a moderate position concerning the exposure of its shipments. The chamber is keenly following these developments and their potential impact on Chilean exports.

Meanwhile, Peruvian service exports to Chile have seen a 15% growth. Seventeen Peruvian companies specializing in mining services are participating in Expomin 2025 with the aim of strengthening commercial ties with Chile. The chamber welcomes this growth, highlighting the importance of regional cooperation and trade.

Finally, the volume of Chilean salmon exports has fallen in the first quarter of 2025, ahead of Trump's tariff. Despite the decrease in volume, the value of these shipments grew by 5.1% during the same period. The chamber is closely monitoring these developments, recognizing the importance of the salmon industry to the Chilean economy.

• Desafíos que imponen los potenciales aumentos de aranceles a los minerales chilenos – Tierramarillano – Noticias de Atacama y Chile (Tierramarillano.cl)
• Politólogo sobre Chile en la guerra comercial: "Lo que más nos conviene es tratar de mantener ambos mercados abiertos" — Radio Concierto Chile (Concierto.cl)
• Chile y la UE refuerzan alianza en EXPOMIN 2025 para impulsar cadenas de valor sostenibles en minerales críticos (Redimin.cl)
• Informe afirma que el 8,3% de las exportaciones de Chile estarían sujetas a aranceles de EE.UU. (Soychile.cl)
• Exportaciones de servicios peruanos a Chile crecieron 15% (Electromineria.cl)
• Volumen de exportaciones de salmón chileno cae en el primer trimestre 2025 previo al arancel de Trump (Soychile.cl)

In a series of recent developments, the Indonesian-Chilean Chamber of Commerce and Culture has noted a drop in the volume of Chilean salmon exports in the first quarter of 2025, despite the value of these shipments increasing by 5.1% during the same period. This comes ahead of the Trump administration's expected tariffs.

President Boric and former Brazilian President Lula are set to review the key Bioceanic Corridor project, which has sparked Chinese interest. The aim of the meeting is to strengthen bilateral relations between Chile and Brazil and boost logistical and commercial integration.

Chilean Pisco producers have called for the current promotion plan to be converted into a permanent state policy. Amid increased uncertainty and rising US tariff rates, the call emphasizes the urgent need to explore new markets. The Chilean Pisco deserves consistent support and long-term strategies, according to sector leaders.

After nearly a three-month suspension, Chile has successfully reopened the Peruvian market for apple exports. This comes as a result of a new agreement between the Agricultural and Livestock Service (SAG) and the National Agrarian Health Service of Peru (SENASA). The Minister of Agriculture, Esteban Valenzuela, praised the development, highlighting the direct benefit for affected producers.

In light of the potential impact of recent US tariff policies, the government of President Gabriel Boric has stepped up inter-ministerial coordination to protect the Chilean export sector. The Ministers of Foreign Affairs, Finance, Economy, and Agriculture met to evaluate a range of direct and indirect support measures, particularly in the face of a more uncertain global context.

An estimated 8.3% of Chile's exports could be subject to tariffs set by the United States. A study indicates that the effects on our economy will be limited compared to other countries in the region. The 10% tariffs would come into effect on April 5th, with higher tariffs for some countries applying from April 9th. However, the US decided to pause for 90 days for countries with a rate above 10%, reducing it to that minimum for the said period. China was the only nation excluded from this three-month relief.

• Volumen de exportaciones de salmón chileno cae en el primer trimestre 2025 previo al arancel de Trump (Soychile.cl)
• Corredor Bioceánico: Boric y Lula revisarán proyecto clave que despierta interés chino (Soychile.cl)
• Pisqueros solicitan convertir actual plan de promoción en política permanente del Estado de Chile (Elmostrador.cl)
• Chile logra reapertura del mercado peruano para la exportación de manzanas (Diarioconcepcion.cl)
• Gobierno coordina medidas para apoyar a exportadores chilenos ante alza de aranceles en EE.UU. (Diarioconcepcion.cl)
• El 8,3% de las exportaciones de Chile estaría afecto a aranceles fijados por Estados Unidos (Eltipografo.cl)

The Chilean Government, under President Gabriel Boric, is coordinating measures to support Chilean exporters in response to the recent tariff hikes in the United States. During a meeting with ministers of Foreign Affairs, Finance, Economy, and Agriculture, the necessity to strengthen sectoral risk monitoring, intensify trade with other countries, and diversify Chilean markets and products was discussed. The meeting also addressed possible adjustments to ProChile's Export Fund and the incorporation of financial risk management tools for exporting companies.

A study reveals that 8.3% of Chile's exports would be subject to tariffs set by the United States. The 10% tariffs would take effect on April 5th, with higher tariffs applying from April 9th. However, the U.S. decided to implement a 90-day pause for countries with a tariff above 10%, reducing it to this minimum for the said period. Countries like the European Union, Japan, and India are left with a temporary tariff of 10%. China was the only nation excluded from this three-month relief.

Meanwhile, Chilean walnuts are making their mark in India, playing a key role in the national agri-food expansion. The recent business tour to India, which included a Chilean delegation from the walnut industry led by the Chilenat association, highlighted the growing interest in Chilean walnuts in the Indian market. Despite current tariff barriers reaching 100%, exports have continued to grow.

Chilean exports showed positive figures during the first quarter of 2025, reaching USD 27.048 billion, a 5.9% increase compared to the same period in 2024. Non-traditional and service exports, which recorded an increase of 6.3% and 28% respectively, were particularly noteworthy.

On the international front, Indonesia, the world's fourth most populous country and the seventh largest in terms of gross domestic product by purchasing power parity, joined the expanded BRICS+ group in January 2025.

In a meeting held in Washington, Chile and the United States agreed to establish a roadmap to strengthen their bilateral economic and trade relationship, despite the new tariff rates. They agreed to advance on three thematic axes and set a new meeting for June in Santiago, within the framework of the Free Trade Agreement.

• Gobierno coordina medidas para apoyar a exportadores chilenos ante alza de aranceles en EE.UU. (Diarioconcepcion.cl)
• El 8,3% de las exportaciones de Chile estaría afecto a aranceles fijados por Estados Unidos (Eltipografo.cl)
• La nuez chilena conquista India: clave en la expansión agroalimentaria nacional (Radioagricultura.cl)
• Exportaciones chilenas aumentan 5,9% en primer trimestre - PortalPortuario (Portalportuario.cl)
• El “espíritu de Bandung” y el desarrollo industrial de Indonesia, nuevo miembro de los BRICS+ (Elciudadano.com)
• Chile y EE.UU. acuerdan agenda bilateral en medio de nuevas tarifas arancelarias (Pauta.cl)

The Chilean-Indonesian Chamber of Commerce and Culture closely observes the unfolding of recent global events that could impact Chile's export sector, particularly the reinstatement of global tariffs by former U.S. President Donald Trump. This move, as analyzed by former Chilean Foreign Minister Heraldo Muñoz, threatens the Free Trade Agreement between Chile and the United States, which has been in place for over two decades. The Chamber echoes Mr. Muñoz's call for immediate consultations with the U.S. Trade Representative's office to clarify this situation.

Georgina Losada, Santa Fe's Secretary of Foreign Trade, also shared her insights, warning of the potential consequences of a global trade war. Despite the U.S. tariffs not directly affecting Argentina, an indirect impact could be felt in the province of Santa Fe. She highlighted the necessity of swift action to protect local productive sectors.

Meanwhile, Chile's Ministry of Finance announced that copper exports, a significant part of Chile's international trade, will be exempted from the U.S. imposed tariff. This comes as a relief amidst the tension, considering the recent acquisition of four copper projects in the Antofagasta region by Nobel Resources Corp.

On a positive note, the commencement of talks for a Comprehensive Economic Partnership Agreement (CEPA) with India has been celebrated by the president of Fruit of Chile, Iván Marambio. He predicts that this agreement could potentially double Chile's fruit shipments to India, making it a market as significant as Brazil, currently Chile's fourth largest buyer of fresh fruits.

The Chamber reaffirms its commitment to monitoring these developments and providing necessary support to Chilean businesses during these challenging times.

• Heraldo Muñoz advierte impacto de aranceles de Trump para Chile (Radioagricultura.cl)
• Losada: "Estamos frente a una guerra comercial que impactará a todos los países" (Rafaelanoticias.com)
• ¿Y qué pasó con el TLC? Como los aranceles de Donald Trump se "saltan" el acuerdo comercial con Chile | Economía | BioBioChile (Biobiochile.cl)
• Ministerio de Hacienda: Exportaciones de cobre serán excluidas del arancel impuesto por Estados Unidos - NOSTÁLGICA CL (Nostalgica.cl)
• Nobel Resources Corp. adquiere 4 proyectos de cobre en Chile (Redimin.cl)
• Frutas de Chile proyecta duplicar sus envíos a India tras inicio de conversaciones para acuerdo comercial – G5noticias (G5noticias.cl)

The Chile-Indonesia Chamber of Commerce and Culture is reporting on several significant developments in Chile's international trade and diplomatic relations this week.

Chile's dried plum exports continue to thrive, reaching 78 countries in 2024 and totaling 88,897 metric tons, equivalent to USD 255.119 million. This superfood's global reach and economic impact are a testament to Chile's robust agricultural sector.

However, Chile's economy faces threats from the recently announced 10% tariffs on Chilean products by the U.S. This measure, announced by President Trump on April 2, 2025, could potentially impact Chile's economy, which sends 14% of its exports to the U.S. Key products such as salmon, fruits, and wines may be affected, while copper and timber exports are expected to remain unaffected.

According to economist Jean Paul Quinteros, the tariffs could also impact sectors such as oil, leading to increased fuel prices. It is also predicted that there will be an effect on food and technological products imported directly from the U.S., impacting Chile's export competitiveness. In response, it is expected that Chile will seek new trade links.

In diplomatic news, Pablo Arriarán Ahumada has been appointed as the new Chilean ambassador to the People's Republic of China. A seasoned diplomat with extensive international experience, Arriarán's appointment comes at a crucial time for relations between the two countries.

Despite the challenges, Chile has so far successfully navigated the trade war instigated by President Trump. However, the longevity of this resilience remains uncertain, as indirect effects of the conflict could potentially impact Chile's economy in the coming months.

In response to the potential tariffs on copper, the Chilean government, through the Chilean Copper Commission (Cochilco), has submitted a letter to the United States defending its position as a "strategic and reliable partner". This move underscores the gravity with which Chile views the possible imposition of tariffs on its copper exports.

• Exportaciones de ciruelas chilenas deshidratadas suman USD 255.119 millones en 2024 - PortalPortuario (Portalportuario.cl)
• Aranceles del 10% a Chile < El Rancagüino (Elrancaguino.cl)
• Trump impone aranceles de 10% a Chile: economista prevé impacto en alimentos, petróleo y exportaciones | podria-ser-peor-group-programas | BioBioChile Televisión (Biobiochile.cl)
• Destacado Diplomático Asume Liderazgo en Embajada de Chile en China (Reportediario.cl)
• Cómo Chile ha logrado resistir la guerra comercial de Trump e incluso ha salido beneficiado de la misma - La Radio de Santiago (Eldiariodesantiago.cl)
• DF En Infinita | Ante aranceles al cobre: Chile envía carta a Estados Unidos (Infinita.cl)

The Indo-Chilean Chamber of Commerce and Culture is pleased to report a series of significant developments on the international stage. These events highlight the strength and resilience of Chile's diplomatic and economic relations.

The Chilean Government has announced the appointment of Pablo Arriarán Ahumada as the new ambassador to the People's Republic of China. Arriarán, a seasoned diplomat with extensive international experience, assumes this critical role at a pivotal time in the relationship between the two nations. His diplomatic career includes ambassadorial roles in Egypt and Ecuador, and second-in-command positions in the embassies of Ecuador and Argentina. He has also had assignments in countries such as Gabon, Kenya, New Zealand, and the United States.

Chile has managed to successfully navigate the trade war instigated by U.S. President Donald Trump. Despite the uncertainty this conflict has caused for the global economy, Chile has shown resilience and even reaped some benefits. However, the future impact of this conflict on the Chilean economy remains to be seen.

In response to potential U.S. tariffs on copper, Chile, through the Chilean Copper Commission (Cochilco), has submitted a letter to the United States defending its position as a "strategic and reliable partner". The administration of President Gabriel Boric has expressed concern over the possible imposition of tariffs on copper by the Trump administration and is closely monitoring the situation.

The Chilean Copper Commission (Cochilco) presented a letter to the U.S. Department of Commerce defending its role as a strategic and reliable partner in the supply of copper, in light of potential tariffs by the U.S. "We sent a letter to the U.S. Department of Commerce defending the strategic and reliable nature of our country's copper supply," said the Chilean ambassador to the U.S., Juan Gabriel Valdés.

In other news, the inaugural arrival and departure of the cruise ship Star Voyager, which underwent a USD 50 million refurbishment, was celebrated in Jakarta, strengthening the regional presence of the iconic Dream Cruises brand.

Finally, Chilean President Gabriel Boric has embarked on a trip to India with the aim of strengthening relations and attracting investments from the world's most populated country.

• Destacado Diplomático Asume Liderazgo en Embajada de Chile en China (Reportediario.cl)
• Cómo Chile ha logrado resistir la guerra comercial de Trump e incluso ha salido beneficiado de la misma - La Radio de Santiago (Eldiariodesantiago.cl)
• DF En Infinita | Ante aranceles al cobre: Chile envía carta a Estados Unidos (Infinita.cl)
• Chile defiende en EEUU su posición de socio estratégico de cobre ante posibles aranceles – El Diario Santiago (Eldiariosantiago.cl)
• Indonesia: Star Voyager hace salida inaugural desde Tanjung Priok - PortalPortuario (Portalportuario.cl)
• Boric viaja a la India para fortalecer relaciones y atraer inversiones del país más poblado del mundo | Economía | BioBioChile (Biobiochile.cl)

In a significant stride for Chilean exports, the country's salmon has been certified as a "healthy" option by the United States Food and Drug Administration (FDA). As the second most exported product from Chile, salmon generated over $6.3 billion in 2024, with the United States being its main market.

However, the global economic landscape is not without its challenges. Chile finds itself between China and the United States amidst global uncertainty. The Chilean Government, along with representatives from the agro-export sector, have formed a technical group to address new agricultural tariffs imposed by the United States, the second destination of Chile's silviculture and livestock exports. This initiative aims to mitigate the impact of the measures scheduled to come into effect from April 2.

The President of Fruits of Chile, Iván Marambio, has expressed concerns over the growing trade war driven by Donald Trump and its potential repercussions on international trade. Marambio warned about the negative effects of tariff measures and market closures, emphasizing that Chile's strategy has been to open up to the world.

Adding to the concern, President Donald Trump announced that from Wednesday, April 2, the United States will impose tariffs on imported agricultural products. The move aims to boost local development and growth in the sector, but has caused unease among associations and guilds in various countries, including Chile.

Amidst the official visit of the President of the Federal Republic of Germany, Frank-Walter Steinmeier, the President of Chile, Gabriel Boric, spoke about the tariff war driven by Donald Trump and its possible effects on Chile's copper and agricultural exports. Boric stressed that the issue is "extremely delicate" and reaffirmed Chile's commitment to multilateralism in international forums, rejecting unilateral decisions.

• Salmón chileno recibe sello de "saludable" por la FDA en Estados Unidos - Prensa Digital (Prensadigital.cl)
• Chile entre China y EE.UU. en medio de la incertidumbre global - Paislobo Prensa (Paislobo.cl)
• Estrategia Agroindustrial Chilena: Enfrentando Desafíos Globales con Innovación y Diplomacia (Reportediario.cl)
• Presidente de Frutas de Chile y la guerra comercial: “Las acciones de proteccionismo empobrecen al mundo” (Radioagricultura.cl)
• Trump anuncia aranceles a importaciones agrícolas: ¿Cómo afectaría a Chile la medida? - Portal Innova (Portalinnova.cl)
• Presidente Boric aborda guerra comercial y revela medidas ante aranceles de EE.UU. (Radioagricultura.cl)

The Indo-Chilean Chamber of Commerce and Culture presents a summary of the important news events of the week.

Chilean President, Gabriel Boric, during an official visit from the President of the Federal Republic of Germany, Frank-Walter Steinmeier, addressed the trade war initiated by Donald Trump and its potential effects on Chile's copper and agricultural exports. President Boric outlined the discussions he has had with various international leaders and the measures taken by the Chilean Government to anticipate possible economic impacts. The President emphasized the delicacy of the issue and reaffirmed Chile's commitment to multilateralism in international forums, rejecting unilateral decisions.

In other news, Chilean bottled wine exports have started 2025 on a high note, with an increase of 9.2% in volume and 6% in value compared to January 2024. The majority of our main markets started well this year, led by Brazil with an increase of almost 30% in volume and 20% in value compared to January 2024. Japan, the United Kingdom, South Korea, Canada, the Netherlands, and Mexico also recorded significant increases this month. The notable exception is China, which continues to decline, this time by -16% in value compared to January of the previous year.

US tariffs on seafood imports may offer short-term gains for Norway and Chile's salmon exports, but they are bad news in the long term, warns a seafood market analyst from Kontali. A 25% tariff is expected to be imposed on Canadian and Mexican seafood products, and a similar tariff is anticipated for some imports from the EU.

Chile has been recognized as the South American and Latin American country that contributed the most cargo flow to the Panama Canal in the fiscal year 2024. It also ranked fifth in the hierarchy of nations by origin and destination, according to the Panama Canal Authority's Annual Report 2024.

However, the US President's tariff measures on agricultural products could slow the growth of exchange sectors in Chile. This announcement has caused concern in Chile's productive sector. Additionally, the 2024/2025 season of Chilean cherries closed with a negative balance, leaving estimated losses of more than US$1.6 billion for producers and exporters. The main destination for Chilean cherries, China, saw prices plummet due to a 60% increase in volumes sent, causing values to fall by 50% compared to the previous season.

• Presidente Boric aborda guerra comercial y revela medidas ante aranceles de EE.UU. (Radioagricultura.cl)
• Exportaciones de vino embotellado chileno, comienzan con el pie derecho este 2025. China, es la excepción, tras reportar un descenso de -16% | Publimicro (Publimicro.cl)
• Aranceles estadounidenses a productos del mar pueden beneficiar al salmón chileno (Salmonexpert.cl)
• Chile el país sudamericano que más flujo de carga contribuye al Canal de Panamá – Diario Chañarcillo (Chanarcillo.cl)
• conomista planteó que medidas de Trump pueden frenar el crecimiento de sectores de intercambio en Chile | Diario Usach (Diariousach.cl)
• Pérdidas de US$1.600 millones golpean al mercado de las cerezas chilenas (Sancarlosonline.cl)

The Chilean Chamber of Commerce and Culture reports significant progress in the expansion of Chile's export markets, with Indonesia opening its doors to six key Chilean fruit products. The Asian nation will now import Chilean blueberries, cherries, kiwis, grapes, and both shelled and unshelled dry nuts, all in frozen format. This move is seen as a strategic opportunity to diversify the export destinations of Chile's fruit industry.

Chile's Acting Minister of Agriculture, Ignacia Fernández, stressed the importance of market diversification, a key strategy within the sustainable agro-export agenda promoted by President Gabriel Boric's Government. Special priority is given to the situation in Asia. This news comes amid calls for diversification in the Maule Region's agriculture, which has suffered due to a 50% drop in cherry prices in the Chinese market and issues with the Maersk Saltoro ship, which delayed the delivery of predominantly Maule-produced fruit to the Asian port of Nansha.

In addition to efforts in the agricultural sector, Chile is also looking to boost its infrastructure projects. The nation is pushing for the advancement of the Bioceanic Road Corridor, a mega infrastructure project that will connect different areas of the region. Digital integration through the Humboldt Project was also discussed.

Chile's commitment to sustainability is further emphasized by the official launch of the national plan to combat climate change. The Agricultural and Livestock Service of Tarapacá has begun efforts to control a fruit fly outbreak in Miñi Miñe and has provided motor pumps to strengthen irrigation in indigenous communities of Tarapacá.

Lastly, Chilean forestry exports closed 2024 with a total of USD 6.370,7 million, a 14.7% increase compared to the previous year. This growth is attributed to the recovery of international demand and an increase in sales of key products such as chemical pulp and sawn wood. Non-copper, non-lithium exports from the Magallanes Region also saw a significant 79.6% boost in January.

• Indonesia se convierte en nuevo mercado para la exportación de frutas chilenas – La Discusión (Ladiscusion.cl)
• “Debemos diversificar nuestra agricultura maulina y la manzana está de vuelta... se está convirtiendo en una muy buena alternativa” - Diario La Prensa (New.diariolaprensa.cl)
• Bilateral: Peña y Boric abordaron el avance del Corredor Bioeánico Vial - Cooperativa.cl (Cooperativa.cl)
• Chile oficializa plan nacional para enfrentar el cambio climático  (Radiopaulina.cl)
• Exportaciones forestales chilenas suben 14,7% en 2024 - PortalPortuario (Portalportuario.cl)
• Exportaciones no cobre no litio de Magallanes del mes de enero aumentaron un 79,6% (Prochile.gob.cl)