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Chile powers the Middle East and North Africa as new markets for agricultural exports

Chile potencia Medio Oriente y Norte de África como nuevos mercados para exportaciones agrícolas
This news article has been translated to English.
Chile
Regulation / Agreement
Sep 29, 2020
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The Middle East and North Africa (MENA) zone is emerging as an exciting new export market for Chile's agriculture.
According to the report "Middle East and North Africa: new markets for Chilean agriculture" published by the Chilean Office of Agrarian Studies and Policies (PASO), it is "almost one of the only geographical areas with which Chile does not have a trade agreement and where the conditions of access to these countries are diverse ”. Currently, the Asian region is Chile's main export market; since it concentrates 52% of the shipments that leave the country to the world. Europe, for its part, represents 15% of shipments, Latin America 17% and North America 16%. Meanwhile, the Africa and Middle East region continues to be absent, so, according to the report; Although 95% of Chilean exports go to countries with trade agreements, it is important to continue expanding borders into new geographical areas. The degree of openness to trade in the MENA zone varies by country, according to the report. Chile registers commercial exchanges with several; in some they are isolated cases, but in ...
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