Date: 2016-08-12

U.S. - Chile Free Trade Agreement: Do You Qualify?

The U.S.-Chile Free Trade Agreement (FTA) became effective on January 1, 2004. At that time, more than 85 percent of two-way trade in consumer and industrial goods became duty free. In fact, as of January 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.

Lower duty rates are not the only benefit provided by the U.S.-Chile Free Trade Agreement. The agreement also contains commitments by both countries on many non-tariff issues including intellectual property rights, services, investment, temporary entry of business/technical persons, and telecommunications.

To determine if your product can enter Chile duty-free it is first necessary to obtain the appropriate HS number for your product. (See my article, The Role of the Harmonized System in NAFTA.)

Armed with the proper HS number, it's possible to check the Chilean tariff schedule, which is found in Annex 3.3 to Chapter Three of the FTA to find out if your products qualify under the terms of the agreement. The U.S. Trade Representative website provides the entire U.S.-Chilean Trade Agreement.

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