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June 2006

Exports to Chile increase since 2004 free-trade agreement

Washington DC— The Commerce Department reported that total bilateral trade between the United States and Chile rose 85 percent since the United States-Chile Free Trade Agreement (FTA) went into effect in January of 2004. The United States exported $5.2 billion in goods in 2005, a 91 percent increase over 2003.

The United States exports gained market share in Chile for a second year in a row, rising to 15.8 percent in 2005.

With the FTA in effect, United States exports continued to win back market share that was lost in previous years to other countries that negotiated free trade agreements with Chile before the United States.

Several United States goods showed impressive increases over pre-FTA levels, including:

  • Automatic data processing machines – up 46 percent to $267.7 million.
  • Motor vehicles for the transport of goods – up 387 percent to $276.6 million.
  • Motor cars and vehicles for transporting persons – up 120 percent to $116.2 million.
  • Self propelled bulldozers, angledozers, graders, levelers, scrapers – up 132 percent to $117.7 million.
  • Tractors – up 196 percent to $41.4 million.

The full text of the U.S.-Chile Bilateral Trade Analysis can be found at www.export.gov/fta.


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