TIQ Logo
  • Home
  • International businesses
    • Doing business in Queensland
      • Business environment
      • Cyber connections
      • Economy
      • Grants and incentives
      • Infrastructure
      • Laws and governance
      • Lifestyle
      • Natural resources
      • Skilled and business visas
      • Talent
    • Invest in Queensland
      • Industry opportunities
      • Regions
      • Regulatory support
      • Prospectus
    • Buy from Queensland
      • Aged care and senior living
      • Education and training
      • Food and agribusiness
      • Knowledge and innovation
      • Mining, resources and energy
      • Urban development and infrastructure
    • How we help
      • aQtivate
      • View success stories
  • Queensland businesses
    • Export and expand
      • Free trade agreements
      • Trade missions
      • Networking and events
    • Market profiles
      • ASEAN
      • China
      • Europe and UK
      • Germany
      • Hong Kong SAR
      • India and Sri Lanka
      • Indonesia
      • Japan
      • Korea
      • Latin America
      • Middle East
      • New Zealand
      • North America
      • Sub-Saharan Africa
      • Taiwan
      • Vietnam
    • How we help
      • Business grants and assistance
      • E-commerce Grant Program
      • E-commerce market snapshot
      • Fast Track to Investment
      • Go Global Export Program
      • Invested in Queensland
      • New Market Program
      • New to Export Program
      • Taste of Queensland
    • Success stories
      • Cryptoloc
      • GreaseBoss
      • Redflow
      • Huds and Toke
      • Real Time Instruments
      • FFI
      • FloodMapp
      • Gotzinger
      • Hydrobiology
      • ICON Group
      • Lime Caviar Company
      • Mindful and Co Kids
      • Morlife
      • NIET
      • Phibion
      • Pinssar
      • Prohelion
      • Taste of Queensland
      • Vorteil.io
  • About
    • Our management
      • Our board
      • Our global representation
      • Regional advisors
    • Queensland Trade and Investment Strategy
      • Queensland IET Strategy
    • Right to information
      • Copyright
      • Disclosure log
      • Gifts and benefits register
      • Privacy policy
      • Publication scheme
      • Publications and data
    • Careers
  • Events
    • Opportunities
      • Brisbane 2032
      • Expo 2020 Dubai
      • Trade mission
    • Premier of Queensland's Export Awards
      • Past winners
      • Register for updates
    • Programs
      • aQtivate
      • Taste of Queensland
    • Upcoming events
      • View all
  • News
    • Articles
    • International businesses success stories
    • Queensland businesses success stories
    • Media releases
  • Contact
    • لعربية
    • Deutsch
    • English
    • Español
    • हिंदी
    • Indonesian
    • 日本語
    • 한국어
    • Português
    • සිංහල
    • ภาษาไทย
    • Tiếng Việt
    • 简体中文
    • 繁體中文
  • لعربية
  • Deutsch
  • English
  • Español
  • हिंदी
  • Indonesian
  • 日本語
  • 한국어
  • Português
  • සිංහල
  • ภาษาไทย
  • Tiếng Việt
  • 简体中文
  • 繁體中文
  • Latin America
  • >
  • Market profiles
  • >
  • Queensland business
Related Pages
Market profiles
  • ASEAN
  • China
  • Europe and UK
  • Germany
  • Hong Kong SAR
  • India and Sri Lanka
  • Indonesia
  • Japan
  • Korea
  • Latin America
  • Middle East
  • New Zealand
  • North America
  • Sub-Saharan Africa
  • Taiwan
  • Vietnam

Latin America market overview

Latin America has 21 countries with a population of almost 600 million people, predicted to reach 800 million by 2050. The region’s middle class has grown by 50% over the past decade and is now one-third of the population.

Queensland and Latin America

Priority Latin American markets for Queensland are Chile, Colombia and Peru. The priority markets have broad trade growth potential to provide the best opportunity for Queensland companies in:

  • mining
  • food and agribusiness
  • infrastructure
  • education and training.

Latin America’s tropical conditions make it a natural partner to collaborate with Queensland across several sectors.

For example, commonalities between Latin America and Queensland in agribusiness have the potential to expand biofuel production without diverting land from growing food.

There are 100 infrastructure projects in Latin America and the Caribbean valued at A$192 billion.

The projects are across a range of sectors, including:

  • airports
  • electricity generation and transmission
  • information communication and technology
  • oil and gas
  • port and logistics
  • rail, highways and bridges
  • urban mass transit
  • water and wastewater.

The Australia–Chile Free Trade Agreement, a double taxation agreement and a transparent process for doing business make Chile a natural hub for Queensland companies. As well, the Peru–Australia Free Trade Agreement (PAFTA), which entered into force on 11 February 2020, will launch a new chapter in economic relations between Queensland and Peru.


Latin America opportunities

  • Mines – technology and services
  • Agribusiness – technology, services and innovation
  • Services – water management and consultancy for drought and climate change
  • Infrastructure – design and master planning
  • Training – English language and industry training
  • VET training

  • Energy production
  • Higher education
  • Knowledge industries
  • Financial services
  • Environmental services
  • LNG
  • Biofuels
  • Land rehabilitation
  • Community engagement

  • Sustainable development
  • Airport development and tourism
  • Construction
  • Innovative technology
  • Legal services
  • Remote medicine
  • Renewable energies


Resources

  • Austrade, Market Profile – Chile
  • Austrade, Doing business – Chile
  • Austrade, Market Profile – Colombia
  • Austrade, Doing business – Columbia
  • Austrade, Market Profile – Peru
  • Austrade, Doing business – Peru
  • Austrade, Market Information Package for Australian education institutions
  • DFAT, Australia–Chile Free Trade Agreement
  • DFAT, Peru-Australia Free Trade Agreement (PAFTA)
  • DFAT, Market Insights Brazil
  • DFAT, Market Insights Chile
  • DFAT, Market Insights Colombia
  • DFAT, Market Insights Peru


View Commissioner's profile Contact us
Connect LinkedIn Icon LinkedIn Icon Twitter Icon Twitter Icon Facebook Icon Facebook Icon Instagram Icon Instagram Icon Youtube Icon Youtube Icon
Get investment news insights
Subscribe
We pay respect to the traditional custodians and first peoples of Queensland, Australia, and acknowledge their continued connection to their country and culture.
  • Doing business in Queensland
    • Business environment
    • Cyber connections
    • Economy
    • Grants and incentives
    • Infrastructure
    • Laws and governance
    • Lifestyle
    • Natural resources
    • Talent
    • Visiting, migration and visas
  • Invest in Queensland
    • Industry opportunities
    • Regions
    • Regulatory support
  • Buy from Queensland
    • Aged care and senior living
    • Education and training
    • Food and agribusiness
    • Knowledge innovation
    • Mining, resources and energy
    • Urban development and infrastructure
  • Success stories for
    • International businesses
    • Queensland businesses
  • How we help
  • Events
  • About us
  • Contact us
TIQ Logo
  • © 2023 — Trade and Investment Queensland
  • Copyright
  • Privacy policy
  • Right to information
  • Careers
Close Popup

We and selected third parties use cookies or similar technologies for technical purposes and, with your consent, for other purposes as specified in our privacy policy. Denying consent may make related features unavailable.
You can consent to the use of such technologies by using the “Allow All Cookies” button. By closing this notice, you continue without consenting and only essential cookies will be used.

View privacy policy