According to ProChile, between January and July, non-copper-non-lithium exports to that country reached US$1.459 million, an increase of US$531 million compared to the same period in 2023. These results come weeks before ProChile holds the Chile Summit India 2024 at the end of this month, with a public-private delegation that will tour the cities of New Delhi and Mumbai.
Fruits, manufactured goods and mineral products are among the main drivers of a significant increase in non-copper-non-lithium Chilean exports to India, which in the first seven months of this year totaled US$$ 459 million, with an increase of 53% compared to the same period of the previous year, according to ProChile with data from the National Customs Service.
Thus, the most populous country in the world and the fifth economic power, positioned itself as the fastest growing market among the main destinations for Chilean exports: the value of products and services sent to that country between January and July grew more than any other market within the first 15 destinations for Chilean exports.
“The fact that India is one of the most dynamic markets for Chilean exports with these very positive figures that we are having in 2024, supports the importance of continuing to promote promotional actions - such as the Chile Summit India that we are organizing - and strengthening the commercial ties that unite us with this country. Strengthening public-private promotional work in this market will help us diversify our exports, contribute to the country's growth and, therefore, to job creation in Chile,” says ProChile general director Ignacio Fernández.
Among the main products that explain the rise in non-copper-non-lithium shipments to India are iodine, molybdenum and cellulose, but Chilean food exports such as nuts (US$$ 36 million); apples (US$$ 23 million, with an increase of US$68.7% compared to the same period in 2023) and kiwis, which reached shipments of US$$ 15 million (US$5.3% more), stand out.
Chile Summit India 2024 is on the verge of coming
These figures are known just weeks before the Chile Summit India, an event organized by ProChile that seeks to strengthen institutional ties between Chile and India, identify opportunities for commercial cooperation and make progress on agreements that help the exchange of goods and services.
The activities will take place between August 27 and 30 in New Delhi and Mumbai and will be led by Foreign Minister Alberto van Klaveren; the Minister of Agriculture, Esteban Valenzuela; and the Director General of ProChile, Ignacio Fernández. This trip is shaping up to be the most important state visit to India in recent years.
The delegation is made up of more than 10 private sector associations, sector brands and public bodies, including the Chile-India Business Council, the Imagen de Chile Foundation, the National Agricultural Society (SNA), the Santiago Chamber of Commerce (CCS), Frutas de Chile, ChileNuts, AMICHILE, Wines of Chile, the Salmon Council, the Chilean Pacific Foundation and the Association of Film and Television Producers (APCT).