INFORMACIÓN DE MODA, TECNOLOGÍA Y MERCADOS PARA LA INDUSTRIA DEL CALZADO
NEWS | REPORTS | Chile
Chile | 20/05/2024

Purchases in Chile on the rise


The trend has reversed. Due to the price increases, more Argentinians are traveling to the neighboring country.

Shopping tours for foreign visitors no longer benefit from a favorable exchange rate when paying with the equivalent of the tourist dollar. Under the government of Javier Milei, the prices of many products, some of which were previously capped, have increased.

As a result, the Argentine market has become less attractive to foreign buyers, reversing the trend and prompting Argentinians to shop in Chile. In this context, the exchange rate variation between the Chilean peso and the dollar is favorable for Argentinians to purchase footwear, clothing, technology, and other items.

This was demonstrated at the end of March, during the Easter celebrations, when thousands of Argentine consumers crossed the border in search of better deals compared to the high prices in the local market.

​Do you have information to share?

Participate with your content in SERMA.NET and in our printed edition.
It is the opportunity to reach your customers!