Information technology enabled services in Chile: A new export niche?

Over the last decade, Chilean exports have become more concentrated in raw and semi-processed copper and a few other natural resources. This trend was a reversal pattern observed through 2003, when the country increased the number of goods and services exported and incorporated new enterprises into the exporting process. From 2003 onwards, however, exports become less diversified as the price of copper, salmon and other commodity export products rose steeply. This caused Chile’s external revenues to be increasingly sensitive to international price fluctuation of these products. Moreover, the reduction of export diversification may have negative effects on technological spillovers, productivity growth, employment creation, the participation of small and medium-sized enterprises in exports, income distribution and poverty.

Related Subject(s): Economic and Social Development