Chile's main activity sectors are mining industry (copper, gold, silver), manufacturing industry (food-processing, chemicals, wood and paper) and agricultural industry (wine growing, sea products and fruit growing. Chile benefits from the most favorable customs regime in the region : the common rate of customs duties for all products since the 1st January 2003 is 6%. Furthermore, customs duties between Europe and Chile have lessened to 0% for a huge majority of industrial products thanks to a Chile - EU association agreement, effective as from the 1st February 2003.
The agricultural sector contributes to 8,81% of the GDP, the industrial sector to 34,30% and the service industry to 56,89% of the GDP.
Its top three client countries are the United States, Japan and China. Copper exports account for 45% of Chilean total exports in 2004.
Chile's top three import countries are Argentina, the United States and Brazil. Chile mainly imports oil products, vehicles, industrial and electrical equipment goods.