Chileans generally view U.S. products and services as high quality and innovative. Some of the best opportunities for U.S. companies lie in high-value projects requiring innovative solutions, such as 5G applications, data analytics, agricultural technology, mining, energy, and smart grid technologies.
Chile experiences some of the highest energy costs in South America and is actively taking steps to expand its installed capacity to meet demand over the next decade. Because of this, Chile is searching for technology and capital to increase supply through new energy generation, efficiency and storage.
Chile looks to leverage private sector involvement in public works projects and infrastructure via concessions and will likely continue to use this strategy in the future. Chile has privatized much of its infrastructure and basic services, such as ports, highways, transportation, and water supply. The private sector maintains a robust presence across sectors such as education, pensions, healthcare, financial services, energy, and telecommunications.
Chile has increasingly embraced strategic technologies that offer significant opportunity for U.S. companies. These include:
- autonomous systems and robotics, driven by high demand in mining, agriculture, logistics and services
- biotechnologies, supported by the government’s Biotechnology Strategy 2030
- space systems and technologies, with a key focus on satellites
- financial technologies, especially in payments, lending, and financial management
Greater emphasis has also been placed on cross-enabling technologies that enhance capabilities across multiple industries and sectors. These include:
- integrated communication and network technologies, with Chile having one of Latin America’s most developed digital markets
- advanced and networked sensing and signature management, primarily for defense, aerospace, and infrastructure
- artificial intelligence (AI), where Chile has emerged as a regional leader; data security and cybersecurity, of specific importance following the passage of Chile’s Cybersecurity Framework Law in 2024
- positioning, navigation, and timing technologies, which transcends Global Positioning Systems (GPS).
- recycling solutions that extract and reuse critical minerals
- chemicals, an industry heavily reliant on imports from foreign markets
Leading opportunities for U.S. exports of goods and services include energy, information technology, safety and security, environmental technologies, agricultural equipment, healthcare, high-value food products, telecommunications, and mining. For more detailed information on best prospect and strategic technologies, see the Leading Sectors for U.S. Exports and Investment section.