The U.S.-Chile Free Trade Agreement (FTA) became effective on Jan. 1, 2004. At that time, more than 85% of two-way trade in consumer and industrial goods became duty free, and as of Jan. 1, 2015, all qualifying products are now duty free.
To take advantage of the benefits for U.S. goods under this agreement, exporters will need to understand how to determine that their goods are originating or qualify for preferential duty treatment under the U.S.-Chile FTA Rules of Origin. U.S. exporters whose products qualify may provide their Chilean customers considerable savings. To claim those preferential duty rates, the Chilean importer must provide written declaration that the goods qualify.