India and Chile: 60 years of diplomatic relations celebrated in 2009 and trade of USD 5.38 billion
Background
Background to the India-Chile CEPA talks in the news: the Indian Embassy in Santiago's brief records the standing facts of the relationship.
India and Chile celebrated 60 years of the establishment of diplomatic relations in 2009.
Chile is the 5th largest trading partner of India in the LAC (Latin America and the Caribbean) region.
Bilateral trade increased from USD 3.84 bn in 2024 to USD 5.38 bn in 2025.
Around 4000 Overseas Indians (1850 NRIs and 2150 PIOs) live in Chile.
Bilateral trade:
USD 5.38 bn in 2025
Chile's rank among India's LAC trading partners:
5th
Overseas Indians:
around 4000
Why it matters for exams: India's relations with Latin American countries and diaspora numbers are staple international-relations questions.
Kerala PSCUPSCSSC
In plain words
LAC Latin America and the Caribbean — The region of Latin America and the Caribbean.
PIO Person of Indian Origin — A foreign national of Indian descent.