Chile Freight Transport and Shipping Report Q2 2016
BMI View: We are positive with regards the Chilean freight transport sector, predicting positive growth ofbetween 2.0% and 7.0% across the country's freight transport modes and at its maritime facilities. Thegrowth will be driven by both imports, as the consumer expands, and also by a burgeoning manufacturingbase which will support an increase in exports. This is positive for the sector, as freight transportinfrastructure will increasingly be used in both directions.
We forecast that Chile will endure a real decline in total trade in 2016 and 2017, following robust growth in2015 - although in nominal terms the year will bring a return to growth, following a substantial decline in2015. Weak copper production will weigh on freight transport volumes, although the launch of the TPPcould open up new avenues for trade.
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