Santiago - Trade and Industry

Santiago - trade and industry include traditional trades like mining and tobacco processing, as well as a number of multinational industries related to telecommunication and computer technology. The period of early 20th century was the beginning of economic upheaval for Santiago as nitrate deposits were discovered in close vicinity of the city. With rapid growth of the mining industry, thousands flocked in from all corners of Chile and even the neighboring countries in search of job. Owing to the rapid growth of population, a number of associated industries and trades developed in Santiago, gradually turning it into a major industrial center not only in Chile, but also in the whole of South America.

Traditional trades of Santiago include mining, which was originally the most important trade of the city. However, with the passage of time, other important trades have gradually developed in the city, including textile, clothing and leather industries. Food and chemical processing are other important trades that have developed in Santiago over the years. Nestle and Coca-Cola has their production units in Santiago, as do other companies like Unilever, BHP Billiton and JP Morgan.

The modern industries in Santiago have significantly contributed to the development of the economy in the city as well as the country. The steady economy of Santiago has seen the proliferation of number of major new industries including companies that deal with telecommunication and computer technology. Some of the major companies that have their offices in Santiago are HP, Intel, IBM, Microsoft, Motorola and Yahoo. Ford contributes significantly to the automobile industry of Santiago. The office of the Economic Commission of Latin America and the Caribbean also increases the industrial profile of the city.

The Tourism industry has also grown manifold in Santiago over the years. With several interesting places to explore in the city, Santiago has been frequented by tourists from across the globe.