On April 1, 2026, Chile marked exactly 22 years since the Free Trade Agreement (FTA) with South Korea entered into force in 2004. As this new year of the agreement begins, the balance is highly positive: commercial exchange closed 2025 at USD 6.801 billion, maintaining an average annual growth trajectory of 5.5% since 2020.
During the 2025 fiscal year, Chilean exports to the Asian peninsula totaled USD 5.013 billion. Export dynamism continues to be led by the mining sector, notably copper ores and concentrates (USD 1.7426 billion), followed by refined copper cathodes (USD 921 million), and lithium carbonate (USD 305.6 million).
Conversely, imports from South Korea in 2025 totaled USD 1.787 billion. these purchases were primarily diversified into capital goods and energy, led by fuel oils (diesel) at USD 397.5 million, alongside a robust presence of passenger vehicles and cargo trucks.
With a favorable trade balance for Chile of USD 3.226 billion at the close of 2025, the start of 2026 finds both nations in a stage of institutional maturity, consolidating South Korea as a fundamental pillar of Chile’s commercial strategy in the Asia-Pacific region.
