XML 142 R119.htm IDEA: XBRL DOCUMENT
v3.19.1

Financial instruments (Details 10) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017
Financial instruments [Line Items] |  |  |
Tax ID No. | 96,529,340-k |  | Oman
Country | Jordan | [1] | United States
Notional amounts | $ 16,796 |  | $ 1,039,755
Current amounts | 0 |  | 163,568
Borrowing costs | (1,651) |  | (8,248)
Bank borrowings [Member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  | 163,000
Current amounts | 300 |  | 163,568
Borrowing costs | 0 |  | 0
Total | 300 |  | 163,568
Bank borrowings [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  | 63,000
Current amounts | 52 |  | 63,059
Bank borrowings [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  | 100,000
Current amounts | $ 248 |  | $ 100,509
Bank borrowing One [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM.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 |  |  | 1.63%
Nominal rate |  |  | 1.63%
Notional amounts |  |  | $ 20,000
Current amounts |  |  | 20,137
Borrowing costs |  |  | 0
Total |  |  | 20,137
Bank borrowing One [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | 0
Bank borrowing One [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 20,000
Current amounts |  |  | $ 20,137
Bank borrowing Two [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM.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 |  |  | 1.73%
Nominal rate |  |  | 1.73%
Notional amounts |  |  | $ 17,000
Current amounts |  |  | 17,140
Borrowing costs |  |  | 0
Total |  |  | 17,140
Bank borrowing Two [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | 0
Bank borrowing Two [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 17,000
Current amounts |  |  | $ 17,140
Bank borrowing Three [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM.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 |  |  | 1.73%
Nominal rate |  |  | 1.73%
Notional amounts |  |  | $ 3,000
Current amounts |  |  | 3,025
Borrowing costs |  |  | 0
Total |  |  | 3,025
Bank borrowing Three [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | 0
Bank borrowing Three [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 3,000
Current amounts |  |  | $ 3,025
Bank borrowing Four [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM 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 |  |  | 1.64%
Nominal rate |  |  | 1.64%
Notional amounts |  |  | $ 15,000
Current amounts |  |  | 15,011
Borrowing costs |  |  | 0
Total |  |  | 15,011
Bank borrowing Four [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 15,000
Current amounts |  |  | 15,011
Bank borrowing Four [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | $ 0
Bank borrowing Five [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM 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 |  |  | 1.67%
Nominal rate |  |  | 1.67%
Notional amounts |  |  | $ 15,000
Current amounts |  |  | 15,011
Borrowing costs |  |  | 0
Total |  |  | 15,011
Bank borrowing Five [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 15,000
Current amounts |  |  | 15,011
Bank borrowing Five [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | $ 0
Bank borrowing Six [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. |  |  | 93,007,000-9
Company |  |  | SQM 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 |  |  | 1.67%
Nominal rate |  |  | 1.67%
Notional amounts |  |  | $ 15,000
Current amounts |  |  | 15,011
Borrowing costs |  |  | 0
Total |  |  | 15,011
Bank borrowing Six [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 15,000
Current amounts |  |  | 15,011
Bank borrowing Six [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 0
Current amounts |  |  | $ 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
Current amounts |  |  | 20,071
Borrowing costs |  |  | 0
Total |  |  | 20,071
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
Current amounts |  |  | $ 20,071
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
Current amounts |  |  | 20,072
Borrowing costs |  |  | 0
Total |  |  | 20,072
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
Current amounts |  |  | $ 20,072
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
Current amounts |  |  | 20,064
Borrowing costs |  |  | 0
Total |  |  | 20,064
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
Current amounts |  |  | $ 20,064
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
Current amounts |  |  | 18,026
Borrowing costs |  |  | 0
Total |  |  | 18,026
Bank borrowing Ten [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts |  |  | 18,000
Current amounts |  |  | 18,026
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
Foreign Bank Borrowings One [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | Foreign |  |
Company | Nitratos Naturais do Chile Lim |  |
Country | Brazil |  |
Tax ID No. | 0-E |  |
Financial institution | Banco ITAU Brasil |  |
Country | Brasil |  |
Currency or adjustment index | BRL |  |
Repayment | Upon maturity |  |
Borrowings Expiration Date | Jan. 31, 2019 |  |
Effective rate | 5.17% |  |
Nominal rate | 5.17% |  |
Notional amounts | $ 0 |  |
Current amounts | 11 |  |
Borrowing costs | 0 |  |
Total | 11 |  |
Foreign Bank Borrowings One [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 11 |  |
Foreign Bank Borrowings One [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | $ 0 |  |
Foreign Bank Borrowings Two [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | Foreign |  |
Company | SQM Brasil Limitada |  |
Country | Brazil |  |
Tax ID No. | 0-E |  |
Financial institution | Banco ITAU Brasil |  |
Country | Brasil |  |
Currency or adjustment index | BRL |  |
Repayment | Upon maturity |  |
Borrowings Expiration Date | Jan. 31, 2019 |  |
Effective rate | 5.50% |  |
Nominal rate | 5.50% |  |
Notional amounts | $ 0 |  |
Current amounts | 41 |  |
Borrowing costs | 0 |  |
Total | 41 |  |
Foreign Bank Borrowings Two [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 41 |  |
Foreign Bank Borrowings Two [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | $ 0 |  |
Bank Borrowings Chilean Tax [Member] |  |  |
Financial instruments [Line Items] |  |  |
Tax ID No. | 93,007,000-9 |  |
Company | SQM.S.A. |  |
Country | Chile |  |
Tax ID No. | 0-E |  |
Financial institution | Scotiabank Cayman |  |
Country | USA |  |
Currency or adjustment index | US$ |  |
Repayment | Upon maturity |  |
Borrowings Expiration Date | May 29, 2023 |  |
Effective rate | 3.60% |  |
Nominal rate | 3.98% |  |
Notional amounts | $ 0 |  |
Current amounts | 248 |  |
Borrowing costs | 0 |  |
Total | 248 |  |
Bank Borrowings Chilean Tax [Member] | Not later than three months [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | 0 |  |
Bank Borrowings Chilean Tax [Member] | Later than three months and not later than one year [member] |  |  |
Financial instruments [Line Items] |  |  |
Notional amounts | 0 |  |
Current amounts | $ 248 |  |
[1] | These Companies are subsidiaries of the joint venture Abu Dhabi Fertilizer Industries WWL

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 2018-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_112_c&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_7&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_7&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 138 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_138_a&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 51 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_51_a&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_112_c&doctype=Standard -URIDate 2018-03-16 + 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 2018-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_55&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ShorttermBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The date of expiration of bank borrowings. + References No definition available. + Details
Name: | sqm_BorrowingsExpirationDate
Namespace Prefix: | sqm_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

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: |

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

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

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