Iquique Free Trade Zone in Chile

Iquique Free Trade Zone Brought to you by mercatrade.com A huge free trade zone based in Chile's capital city Santiago, close to the western border with Argentina. Established in 1975, the Iquique Free Trade Zone has seen explosive growth thanks to an ideal location and huge interest from China and the United States. With over 200 hectares of industrial and commercial space, there are well over 1600 companies based in the limits making use of the favorable tax conditions and local labor force of over 200,000. 34 years old Established in 1975 General Facts 15% 200 hectares 1600+ companies 216.000 75.000 Set over 200 hectares of commercial trading space, more than 1600 companies operate here. Unemployment has halved 7% from 15% percent in 1975. Population of the town has more than doubled from 75,000 to 216,000. Figures 2012 2012 2005 2005 Sales Purchases Main Trading Partners 2404 million dullars of sales are made from Chile, with the remaining 2007 milion dollars of salos made abroad. (458é of sales are abraad 45% primarily Paraguay, Bolvia and Penu) abroad sales The largest averseas sellers working in Iqiuque are: Bolivia - 53% of sales abroad (1057 million dollars in 2012) Paraguay - 20% oft sales abroad (395 million dollars in 2012) Peru - 18% of sales abroad (359 million dellars in 2012) 55% from Chile Peru Bolivia Sales Paraguay 18% 53% 20% Overseas Sellers TOP 3 Selling Products 2006 Combustibles 01 $727 million and Lubricants 2012 02 Automotive Parts $725milion 2012 Electronic Components 03 $471 million 2012 TOP Purchasing Countries $248 million, 2005 $908 million, 2012 19% $403 million, 2012 $Z037 million, 2012 42% 9% USA Japan $439 million, 2012 8% Chile Sources 1) http://www.zofri.cl/images/stories/2012/2013/marzo/boletin_12.pdf 2) http://www.csmonitor.com/1987/1124/fchile.html 3) http://www.miamidade.gov/oedit/sister_city iquique.asp About mercatrade.com Mercatrade is the leading online B2B marketplace, helping importers and exporters do business in one of the world's fastest growing market – LATIN AMERICA @mercatrade www.facebook.com/MercaTradelatinAmerica mercatrade 8* plus.google.com/101601720121076767324/about CONNECT WITH LATIN AMERICA in http://www.linkedin.com/company/mercatrade-sa www.mercatrade.com