Current Status, Problems and Suggestions of Import and Export of Goods Trade between China and Chile

Abstract

As one of the largest trading countries in the world, China continues to expand its trade relations with various countries, which has promoted the development of China-Chile trade in goods. Bilateral goods trade has consistently exhibited robust growth. This paper aims to delve into the current status of goods trade between China and Chile, analyze the existing challenges, and propose feasible recommendations. Through comprehensive data analysis, this research unveils the key features and challenges of their trade relationship, providing substantial support for enhancing cooperation.To begin with, this paper provides a detailed overview of the scale of China-Chile trade, emphasizing the mutually beneficial nature of their relationship. Simultaneously, it highlights the primary categories of Chinese exports to the Chilean market and Chile’s key import demands from China. Furthermore, an in-depth analysis of the major issues confronting the current merchandise trade between the two nations is conducted, encompassing concerns such as trade imbalances, product structures, and investment levels. Finally, recommendations are put forth to address these challenges, primarily focusing on enhancing policy coordination to promote bilateral investments, improving product structures to augment the value of traded goods, and optimizing investment structures to deepen bilateral cooperation.