XML 130 R107.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Financial instruments (Details 11) - USD ($) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Apr. 05, 2018
Financial instruments [Line Items] |  |  |
Effective rate |  |  | 3.25%
Notional amounts | $ 290,397,000 | $ 95,623,000 |
Current amounts | (177,062,000) | (160,243,000) |
Borrowing costs | (1,639,000) | (9,886,000) |
Bank borrowings [Member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 163,000,000 | 100,412,000 |
Current amounts | 163,568,000 | 101,270 |
Borrowing costs | 0 | 0 |
Total | 163,568,000 | 101,270,000 |
Bank borrowings [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 63,000,000 | 20,000,000 |
Current amounts | 63,059,000 | 20,242,000 |
Bank borrowings [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 100,000,000 | 80,412,000 |
Current amounts | $ 100,509,000 | $ 81,028,000 |
Bank borrowing One [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 93,007,000-9 |
Company | SQM.S.A. | SQM.S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,018,000-1 |
Financial institution | Scotiabank Sud Americano | Scotiabank Sud Americano |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.63% | 1.00% |
Nominal rate | 1.63% | 1.00% |
Notional amounts | $ 20,000,000 | $ 20,000,000 |
Current amounts | 20,137,000 | 20,030,000 |
Borrowing costs | 0 | 0 |
Total | 20,137,000 | 20,030,000 |
Bank borrowing One [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 0 |
Current amounts | 0 | 30,000 |
Bank borrowing One [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 20,000,000 | 20,000,000 |
Current amounts | $ 20,137,000 | $ 20,000,000 |
Bank borrowing Two [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 93,007,000-9 |
Company | SQM.S.A. | SQM.S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,030,000-7 |
Financial institution | Scotiabank Sud Americano | Banco Estado |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.73% | 4.30% |
Nominal rate | 1.73% | 4.30% |
Notional amounts | $ 17,000,000 | $ 20,412,000 |
Current amounts | 17,140,000 | 20,919,000 |
Borrowing costs | 0 | 0 |
Total | 17,140,000 | 20,919,000 |
Bank borrowing Two [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 0 |
Current amounts | 0 | 0 |
Bank borrowing Two [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 17,000,000 | 20,412,000 |
Current amounts | $ 17,140,000 | $ 20,919,000 |
Bank borrowing Three [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 93,007,000-9 |
Company | SQM.S.A. | SQM.S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,018,000-1 |
Financial institution | Scotiabank Sud Americano | Scotiabank Sud Americano |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.73% | 0.74% |
Nominal rate | 1.73% | 0.85% |
Notional amounts | $ 3,000,000 | $ 17,000,000 |
Current amounts | 3,025,000 | 17,057,000 |
Borrowing costs | 0 | 0 |
Total | 3,025,000 | 17,057,000 |
Bank borrowing Three [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 0 |
Current amounts | 0 | 0 |
Bank borrowing Three [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 3,000,000 | 17,000,000 |
Current amounts | $ 3,025,000 | $ 17,057,000 |
Bank borrowing Four [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 93,007,000-9 |
Company | SQM S.A. | SQM.S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,018,000-1 |
Financial institution | Banco Estado | Scotiabank Sud Americano |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.64% | 0.74% |
Nominal rate | 1.64% | 0.84% |
Notional amounts | $ 15,000,000 | $ 3,000,000 |
Current amounts | 15,011,000 | 3,010,000 |
Borrowing costs | 0 | 0 |
Total | 15,011,000 | 3,010,000 |
Bank borrowing Four [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 15,000,000 | 0 |
Current amounts | 15,011,000 | 0 |
Bank borrowing Four [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 3,000,000 |
Current amounts | $ 0 | $ 3,010,000 |
Bank borrowing Five [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 79,626,800-K |
Company | SQM S.A. | SQM Salar S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,018,000-1 |
Financial institution | Banco Estado | Scotiabank Sud Americano |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.67% | 1.34% |
Nominal rate | 1.67% | 0.84% |
Notional amounts | $ 15,000,000 | $ 20,000,000 |
Current amounts | 15,011,000 | 20,042,000 |
Borrowing costs | 0 | 0 |
Total | 15,011,000 | 20,042,000 |
Bank borrowing Five [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 15,000,000 | 0 |
Current amounts | 15,011,000 | 0 |
Bank borrowing Five [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 20,000,000 |
Current amounts | $ 0 | $ 20,042,000 |
Bank borrowing Six [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 | 79,947,100-0 |
Company | SQM S.A. | SQM Industrial S.A. |
Country | Chile | Chile |
Tax ID No. | 97,018,000-1 | 97,030,000-7 |
Financial institution | Banco Estado | Banco Estado |
Country | Chile | Chile |
Currency or adjustment index | US$ | US$ |
Repayment | Upon maturity | Upon maturity |
Effective rate | 1.67% | 1.20% |
Nominal rate | 1.67% | 1.20% |
Notional amounts | $ 15,000,000 | $ 20,000,000 |
Current amounts | 15,011,000 | 20,212,000 |
Borrowing costs | 0 | 0 |
Total | 15,011,000 | 20,212,000 |
Bank borrowing Six [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 15,000,000 | 20,000,000 |
Current amounts | 15,011,000 | 20,212,000 |
Bank borrowing Six [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 | 0 |
Current amounts | $ 0 | $ 0 |
Bank borrowing Seven [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 79,626,800-K |  |
Company | SQM Salar S.A. |  |
Country | Chile |  |
Tax ID No. | 97,018,000-1 |  |
Financial institution | Banco Estado |  |
Country | Chile |  |
Currency or adjustment index | US$ |  |
Repayment | Upon maturity |  |
Effective rate | 1.91% |  |
Nominal rate | 1.91% |  |
Notional amounts | $ 20,000,000 |  |
Current amounts | 20,071,000 |  |
Borrowing costs | 0 |  |
Total | 20,071,000 |  |
Bank borrowing Seven [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 0 |  |
Bank borrowing Seven [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 20,000,000 |  |
Current amounts | $ 20,071,000 |  |
Bank borrowing Eight [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 79,626,800-K |  |
Company | SQM Salar S.A. |  |
Country | Chile |  |
Tax ID No. | 97,018,000-1 |  |
Financial institution | Scotiabank Sud Americano |  |
Country | Chile |  |
Currency or adjustment index | US$ |  |
Repayment | Upon maturity |  |
Effective rate | 1.94% |  |
Nominal rate | 1.94% |  |
Notional amounts | $ 20,000,000 |  |
Current amounts | 20,072,000 |  |
Borrowing costs | 0 |  |
Total | 20,072,000 |  |
Bank borrowing Eight [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 0 |  |
Bank borrowing Eight [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 20,000,000 |  |
Current amounts | $ 20,072,000 |  |
Bank borrowing Nine [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 79,947,100-0 |  |
Company | SQM Industrial S.A. |  |
Country | Chile |  |
Tax ID No. | 97,030,000-7 |  |
Financial institution | Banco Estado |  |
Country | Chile |  |
Currency or adjustment index | US$ |  |
Repayment | Upon maturity |  |
Effective rate | 1.74% |  |
Nominal rate | 1.74% |  |
Notional amounts | $ 20,000,000 |  |
Current amounts | 20,064,000 |  |
Borrowing costs | 0 |  |
Total | 20,064,000 |  |
Bank borrowing Nine [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 0 |  |
Bank borrowing Nine [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 20,000,000 |  |
Current amounts | $ 20,064,000 |  |
Bank borrowing Ten [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 79,947,100-0 |  |
Company | SQM Industrial S.A. |  |
Country | Chile |  |
Tax ID No. | 97,030,000-7 |  |
Financial institution | Banco Estado |  |
Country | Chile |  |
Currency or adjustment index | US$ |  |
Repayment | Upon maturity |  |
Effective rate | 1.65% |  |
Nominal rate | 1.65% |  |
Notional amounts | $ 18,000,000 |  |
Current amounts | 18,026,000 |  |
Borrowing costs | 0 |  |
Total | 18,026,000 |  |
Bank borrowing Ten [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 18,000,000 |  |
Current amounts | 18,026,000 |  |
Bank borrowing Ten [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | $ 0 |  |

X
- Definition The amount of interest and other costs that an entity incurs in connection with the borrowing of funds. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_112_c&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_BorrowingCostsIncurred
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_7&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The currency in which the borrowings are denominated. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-01&anchor=para_7&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_BorrowingsOriginalCurrency
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The country in which the entity is incorporated. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 138 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_138_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_CountryOfIncorporation
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The name of the reporting entity or other means of identification. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 51 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_51_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_112_c&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_ShorttermBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The nominal interest rate on borrowings. + References No definition available. + Details
Name: | sqm_BorrowingsNominalInterestRate
Namespace Prefix: | sqm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The country in which creditor institution is incorporated. + References No definition available. + Details
Name: | sqm_CountryOfIncorporationOfCreditorEntity
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The description of tax id number of the creditor institutions. + References No definition available. + Details
Name: | sqm_DescriptionOfCreditorTaxId
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The description about repayment of borrowings. + References No definition available. + Details
Name: | sqm_DescriptionOfRepaymentOfBorrowing
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description Of Tax ID + References No definition available. + Details
Name: | sqm_DescriptionOfTaxId
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | sqm_FinancialInstrumentsLineItems
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The name of creditor institution. + References No definition available. + Details
Name: | sqm_NameOfCreditor
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of short term borrowings after deducting borrowing costs. + References No definition available. + Details
Name: | sqm_ShortTermBorrowingsNetOfBorrowingCosts
Namespace Prefix: | sqm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=sqm_BankBorrowingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_NotLaterThanThreeMonthsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingSixMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingSevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingNineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=sqm_BankBorrowingTenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |