How production of the chile?

Question

How production of the chile?

Answer 1

To make it a little more simple. Chile has one of the best economies in Latin America. In the north of Chile seems to be more prosporous than the south. One reason is because of the largest copper mine in the world and the price of copper is high and in demand. In the south is more tourism and seasonal.  Fish farms, and wood products.

Answer 2

the question is rather confusing

production in the state of chile??

Chile, officially the Republic of Chile (Spanish: República de Chile (help·info)), is a country in South America occupying a long and narrow coastal strip wedged between the Andes mountains and the Pacific Ocean. The Pacific forms the country's entire western border, with Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage at the country's southernmost tip. Chile claims to a tricontinental country, including Rapanui and its claim on what is called Chilean Antarctic Territory.

Chile's economy is highly dependent on international trade. In 2005, exports accounted for about 39% of GDP. That figure was somewhat distorted by world-record copper prices. Chile’s overall trade profile has traditionally been dependent upon copper exports, and the rise in copper prices has reinforced it further. The state-owned firm CODELCO is the world's largest copper-producing company with recorded copper reserves of 200 years. Chile has made an effort to expand nontraditional exports. In 1975, non-mineral exports made up just over 30% of total exports, whereas now they account for about 60%. The most important non-mineral exports are forestry and wood products, fresh fruit and processed food, fishmeal and seafood, and wine. The trade balance for 2005 showed a surplus of $8 billion. Total exports in 2005 were $38 billion, up nearly 20% from 2004. Chile's export markets are fairly balanced among Europe (25.1%), Asia (33.1%), Latin America (15.7%), and North America (19%). The U.S., the largest national market, takes in 17.3% of Chile's exports. Since the implementation of the U.S.-Chile FTA in January 2004, bilateral trade has increased 85%.

Asia has been the fastest-growing export market in recent years. For example, Chile’s number one, two, three, and four trading partners are the U.S., China, Japan, and South Korea, respectively. Chile’s recent FTAs with Asian trading partners and plans to sign more in 2006 underscore the growing importance of Asia to Chile’s trade portfolio.

Chilean imports increased 32% in 2005, to $30 billion (est.), reflecting a positive change in consumer demand and overall economic recovery. Capital goods made up about 66% of total imports. The United States provided 13.7% (est.) of Chilean imports in 2005. Chile unilaterally lowered its across-the-board import tariff—for all countries with which it does not have a trade agreement—to 6% in 2003.

Higher effective tariffs are charged only on imports of wheat, wheat flour, and sugar as a result of a system of import price bands. The price bands were ruled inconsistent with Chile's World Trade Organization (WTO) obligations in 2002, and the government has introduced legislation to modify them. Also, Chile will have to phase out the price bands within 12 years under the terms of the U.S.-Chile FTA.



APEC leaders during the 2004 summit held in SantiagoSuccessive Chilean governments have actively pursued trade-liberalizing agreements. During the 1990s, Chile signed FTAs with Canada, Mexico, and Central America. Chile also concluded preferential trade agreements with Venezuela, Colombia, and Ecuador. An association agreement with Mercosur—Argentina, Brazil, Paraguay, and Uruguay—went into effect in October 1996. Continuing its export-oriented development strategy, Chile completed landmark free trade agreements in 2002 with the European Union and South Korea. Chile, as a member of the Asia-Pacific Economic Cooperation (APEC) organization, is seeking to boost commercial ties to Asian markets. To that end, it has signed FTAs in recent years with New Zealand, Singapore, Brunei, and most recently the People's Republic of China. In 2006, Chile has begun FTA negotiations with Japan, India, and Australia.[16]

After two years of negotiations, the United States and Chile signed an agreement in June 2003. The agreement will lead to completely duty-free bilateral trade within 12 years. The U.S.-Chile FTA entered into force January 1, 2004 following approval by the U.S. and Chilean congresses. The bilateral FTA has inaugurated greatly expanded U.S.-Chilean trade ties. Chile is a strong proponent of pressing ahead on negotiations for a Free Trade Area of the Americas (FTAA) and active in the WTO’s Doha round of negotiations, principally through its membership in the G-20 and Cairns Group.