Import Tariffs: Tariffs on 90% of U.S. exports to Chile were eliminated immediately. Starting January 1, 2015, all trade between the U.S. and Chile became duty-free (i.e. zero tariff).
Import Duty: The U.S.-Chile FTA further addressed some other non-tariff import taxes that Chile applied. For example, under the FTA, Chile eliminated the 50% duty surcharge applied to used goods originating from the United States. In addition, Chile agreed to phase out its luxury tax on U.S.-made automobiles. As of January 2007, the tax was eliminated completely. All imports are subject to the same 19% Value Added Tax (IVA) imposed on domestic goods.
Import Requirements and Documentation: The commercial forms used by both local importers and exporters are commercial invoices, certificates of origin, bills of lading, freight insurance, and packing lists. Special permission, certificates, and approval documents, such as sanitary and phytosanitary certificates, are required for most agricultural products and in special cases for industrial products. Depending on the nature of the product, these certificates can be obtained at the USDA Food Safety Inspection Service (FSIS), USDA Animal and Plant Health Inspection Service (APHIS), USDA Agricultural Marketing Service (AMS), and the National Oceanic and Atmospheric Administration (NOAA).
Customs Regulations: Chilean customs valuation uses the normal value of merchandise, without special discounts, plus freight and insurance (CIF). Used goods are valued by the customs service per the current new value of similar merchandise, discounting 10% per year of use, up to a 70% discount.
U.S. Export Controls: The U.S. does not maintain an embargo or any country-specific export controls for shipments to Chile. However, U.S. exporters should verify applicable overarching and product-specific export controls by reviewing information from the U.S. Department of Commerce and U.S. Department of State.
Source: The International Trade Administration (ITA), U.S. Department of Commerce www.export.gov