WELCOME
International Bussiness (INB372)
GROUP MEMBERS
Maliha Islam Easha (2013428630)
Nehal Ahmed Talha (2112416630)
Mehjabin Chowdhury (2223025630)
Samia Sultana Simi (2321364630)
Tariful Alam Joy (2212098030)
A RESEARCH ON “Chile”
About Chile
Capital city Santiago Chilean peso.'CLP$ Gabriel Boric
Republic of Chile Mixed economy civil law
Human Development Index
Chile is ranked very [Link]'s 2021 index score, which ranks it 42nd out of
191 countries, was 0.855 points
GDP
Chile/GDP per capita 15,355.48 [Link] gdp growth rate for 2022 was 2.44%, a
9.3% decline from 2021.
Corruption Participation Index
(CPI)
Corruption Perception Index score of 67, out of 100 in
2022)
LOCATIONS AND RESOURCES
Natural resources
• Iron
• Copper
• Lithium
• Molybdenum
Name top 5 local companies
[Link] Mining (copper)
[Link]:Industry(Retail)
[Link]
Chile:Industry(energy)
[Link] de Chile(Baking and
financial services)
[Link] Airlines Industry
(Aviation)
Foreign Companies
• Antofagasta plc
• Banco de
• LATAM Airlines
MARKET ENTRY MODE
Exporting
• Copper and article
• Inorganic chemicals
• Edible fruit and nuts
• Fish and crustaceans
• Wood and articles
Chile's main export markets are China (39.4%) the
United States (13.9%) Japan (7.6%), and South
Korea (6.2%)
ECONOMIC INTEGRATION
• 70% GDP depends on international Trade
• 33 treaties that bound 66 nations
• Pacific Allience - Mexico, Peru, Colombia
• Transpacific allience - Australia, New zeland,
Japan,Malaysia.
• WTO,ALADI,MECOURSER,Asia Pacific Economic
Corp
ALL ABOUT CULTURE!
language Music
The dominant language in Chile is Spanish, Chile, the most popular music genres include
specifically a variant known as Chilean Chilean folk, pop, rock, and cumbia.
Spanish. It is spoken by approximately
Additionally, the Nueva Canciónmovement
99.3% of the population.
Here are a few words and phrases in has had a significant influence on Chilean
Chilean Spanish: music.
Hola - Hello
¿Cómo estás? - How are you?
Gracias - Thank you
Por favor - Please
Buenos días - Good morning
Buenas noches - Good night
ALL ABOUT CULTURE!
Festival/ holidays
Chile, there are several key festivals and holidays
that are celebrated with great enthusiasm,
reflecting the country’s rich cultural heritage. Here
are some of the most significant ones:
Patrias
La Tirana
Grape Harvest Celebration
Tapati Festival
ALL ABOUT CULTURE!
Tourist should know Before Hofstede’s Cultural Dimensions
visiting Chile,
tourists should be aware of a few important tips:
Learn some basic Spanish: English is not widely
spoken, so knowing some Spanish phrases can be
very helpful. Stay vigilant: Be cautious of strangers
approaching you and keep your belongings secure at
all times. Cultural norms: Embrace local customs
such as eating late and the ‘sobremesa’ tradition of
These tips can help ensure a smooth and enjoyable
fore visiting
OVERALL ATTRACTIVENESS
Benefits
1. Stable economy - chile has a well established and stable economy
which makes it an attractive destination for investors
2. Natural resources: chile is rich in natural resources like copper.
[Link] agreement : chile has signed free trade agreements,giving
investors access to markets in Asia, Europe.
4. Investment incentive: Government offers such as tax breaks
grants and foreign investment.
OVERALL ATTRACTIVENESS
Cost
1. Labour costs : labour costs afe lower than some countries so they
still impact your investment
2. Currency risk: it may affect your returns if you're investing in local
assets
OVERALL ATTRACTIVENESS
Risk
1. Political risk : Chile has a stable political environment,but changes
in government policies can impact investments
2. Natural disasters: Chile is prone to earthquake and other natural
disasters which may affect businesses operations
[Link] risk : depends on global economic conditions
THE DECISION!
Making it a great place for investing
in the tourism sector
THANK
YOU