Key Market Indicators
**Chilean Truck Import Forecast to Hit $2.76 Billion by 2028** SANTIAGO, Chile — Chile's truck import market is projected to climb to nearly $2.76 billion by 2028, up from approximately $2.53 billion in 2023. This growth represents an average annual increase of 1.4%. Despite the positive outlook, the long-term trend shows a decrease in demand, with a yearly decline of 1.8% since 1995. **Chilean Truck Export to Decline to $118 Million by 2028** In contrast, Chile's truck exports are expected to drop to around $118 million by 2028, down from about $125 million in 2023. This decline reflects an average annual decrease of 0.8%. Historically, the country's truck supply has faced challenges, experiencing a significant annual reduction of 5.2% since 1995. In 2023, Chile ranked 36th in global truck exports, with Saudi Arabia leading the chart at approximately $125 million. The United States, Germany, and France followed in the second, third, and fourth positions, respectively.
