SPECIAL FEATURE PUBLISHED IN MIAMI HERALD

Chile

Chile is asserting itself as one of Latin America’s leading economic powerhouses, backed by 2.5 percent GDP growth in 2025 that outperformed central bank expectations.

Spearheading this momentum is President José Antonio Kast, whose pro-business agenda targets four percent annual GDP growth by stripping away bureaucratic hurdles. Within his first two months, the administration resolved 60 percent of red-tape-stalled investment projects and slashed approval timelines by 40 percent….

Focus on Chile: The Report

Chile-US Relations

The U.S. is Chile’s second-largest trade partner and top source of foreign direct investment, taking 17 percent of total exports. Backed by a 20+ year Free Trade Agreement, bilateral momentum concentrates on critical minerals, clean energy and tech infrastructure.

Mining and Critical Minerals

Mining drives 50 percent of national exports and 10 percent of GDP. As the world’s top copper supplier and second-largest lithium producer, Chile is accelerating critical mineral output through state-private ventures like Codelco and SQM’s NovaAndino Litio.

Renewable Energy and Green Hydrogen

Targeting 100 percent renewable power by 2030, Chile boasts over 2,000 gigawatts in clean energy potential. Its National Hydrogen Strategy targets 25 gigawatts of electrolyzer capacity to achieve the world’s cheapest green hydrogen ($1.50/kg).

Agribusiness and Food Exports

Agribusiness represents 25 percent of exports ($25.3 billion) and 10 percent of employment. Chile is the world’s top fresh cherry exporter ($3.1 billion market) and a powerhouse supplier of table grapes, wine, salmon and fresh fruit globally.

Digital Economy and Innovation

Driven by Chile Digital 2035, Chile targets 100 percent public service digitization. South America’s premier tech hub attracts major hyper-scale data centers, leveraging subsea fiber-optic connections to lead the region in cloud computing, fintech and AI adoption.

Water Security & Desalination

Chile leads Latin America in industrial desalination, operating over 30 mega-plants. With over $10 billion in pipeline infrastructure investments, desalted seawater feeds more than 80 percent of northern mining operations and guarantees municipal water resilience amid climate shifts.

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