Key Market Indicators
Chile's import of electrical equipment is projected to reach approximately $8.45 billion by 2028, up from around $7.72 billion in 2023. This marks an annual growth rate of 1.4% on average. Historical data since 1995 indicates that Chilean demand for electrical equipment has been increasing at a rate of 0.7% per year. Conversely, Chile's export of electrical equipment is expected to decline. By 2028, exports are forecasted to drop to about $271 million, down from $311 million in 2023. This represents an average annual decrease of 2.2%. Since 1995, the country's supply of electrical equipment for export has been decreasing at an average rate of 2.3% per year.
