Chile: Food Service - Hotel Restaurant Institutional

In 2021, consumer food-services sales grew by 42.5 percent, reaching $3.5 billion. In mid-2021, pandemic restrictions began to relax, and restaurants reopened to the public. The Chilean Central Bank estimates a two percent GDP growth in 2022 and a one percent GDP decrease in 2023. Post expects the food service sector to continue expanding and presenting opportunities for U.S. exporters. Chile is the second largest market in South America for U.S. agricultural products, after Colombia, and the second largest market in South America for consumer-oriented agricultural products with $830.4 million of exports in 2021