The import of electronic integrated circuits and microassemblies to Chile has experienced fluctuations over the past decade. Starting from 2013, with a value of 96.762 million US dollars, imports dipped significantly in 2014, with a year-on-year decrease of 22.83%. From 2015 to 2017, the imports showed modest fluctuations before a substantial increase in 2018, rising by 31.15%. However, the following year saw a 6.39% decline. The value dropped again in 2020 by 15.69% but rebounded significantly in 2021 with a 22.15% increase. For 2022 and 2023, the growth rate steadied to 1.34% and 1.3% respectively. In 2023, the imports stood at 101.52 million US dollars. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was slightly declining at -0.21%.
Looking forward, the forecast for the import values shows a positive and steady increase from 2024 to 2028, growing at an average annual rate of 1.02%. By 2028, it is expected that the import value will reach 108.31 million US dollars, reflecting an overall growth rate of 5.2% over the five-year forecasted period.
Future trends to watch for include technological advancements in integrated circuits and microassemblies, shifts in trade policies, and the economic performance of key import and export partners. Additionally, emerging market demands and innovations in consumer electronics are likely to further influence the import values positively.
