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Contingencies and restrictions (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of contingent liability [Abstract]  
Disclosure of detailed information about financial indicators [Text Block]
As of December 31, 2019, the above-mentioned financial indicator has the following values:
 
Indicator
 
As of December

31, 2019
 
 
As of December

31, 2018
 
Leverage
 
 
1.19
 
 
 
1.00
 
Disclosure of detailed information about grantor obligations [Text Block]
 
Grantor
 
Relationship
 
 
As of December

31, 2019
 
 
As of December

31, 2019
 
 
 
 
 
 
ThUS$
 
 
ThUS$
 
Ferosor Agrícola S.A.
 
Unrelated Third party
 
 
 
5,372
 
 
 
3,598
 
Tattersall Agroinsumos S.A.
 
Unrelated Third party
 
 
 
2,000
 
 
 
2,000
 
Contador Frutos S.A.
 
Unrelated Third party
 
 
 
-
 
 
 
1,587
 
Covepa SPA
 
Unrelated Third party
 
 
 
671
 
 
 
720
 
Johannes Epple Davanzo
 
Unrelated Third party
 
 
 
300
 
 
 
321
 
Hortofrutícola La Serena
 
Unrelated Third party
 
 
 
282
 
 
 
294
 
Com. Serv Johannes Epple Davanz
 
Unrelated Third party
 
 
 
269
 
 
 
-
 
Juan Luis Gaete Chesta
 
Unrelated Third party
 
 
 
182
 
 
 
195
 
Arena Fertilizantes y Semillas
 
Unrelated Third party
 
 
 
201
 
 
 
216
 
Vicente Oyarce Castro
 
Unrelated Third party
 
 
 
213
 
 
 
222
 
Soc. Agrocom. Julio Polanco
 
Unrelated Third party
 
 
 
-
 
 
 
144
 
Bernardo Guzmán Schmidt
 
Unrelated Third party
 
 
 
121
 
 
 
126
 
Total
 
 
 
9,611
 
 
 
9,423
 
 
 
 
 
Disclosure of detailed information about guarantees in which there is no pending balance [Text Block]
Guarantees without pending balance indirectly reflect that the respective guarantees are in force and approved by the Company’s Board of Directors and have not been used by the respective subsidiary.
 
 
 
Debtor
 
 
 
 
 
Outstanding balances as of the closing date
‎of the financial statements
 
Creditor of the guarantee
 
Name
 
 
Relationship
 
 
Type of guarantee
 
 
As of December 31,
‎2019
 
 
As of December 31,
‎2018
 
 
 
 
 
 
 
 
 
 
 
 
ThUS$
 
 
ThUS$
 
Australian and New Zealand Bank
 
SQM North America Corp
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Australian and New Zealand Bank
 
SQM Europe N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Generale Bank
 
SQM North America Corp
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Generale Bank
 
SQM Europe N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Kredietbank
 
SQM North America Corp
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Kredietbank
 
SQM Europe N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
SQM Europe N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
SQM North America Corp
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
Nitratos Naturais do Chile Ltda.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
SQM México S.A. de C.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bancos e Instituciones Financieras
 
SQM Brasil Ltda.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
“BNP’’
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Sociedad Nacional de Minería A.G.
 
SQM Potasio S.A.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Scotiabank & Trust (Cayman) Ltd.
 
Royal Seed Trading A.V.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Scotiabank & Trust (Cayman) Ltd.
 
Royal Seed Trading A.V.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Bank of America
 
Royal Seed Trading A.V.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Export Development Canada
 
Royal Seed Trading A.V.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
The Bank of Tokyo-Mitsubishi UFJ Ltd.
 
Royal Seed Trading A.V.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
JP Morgan Chase Bank
 
SQM Industrial S.A.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
The Bank of Nova Scotia
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Morgan Stanley Capital Services
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
The Bank of Tokyo-Mitsubishi UFJ Ltd
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
HSBC
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Deutsche Bank AG
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-
 
Credit Suisse International
 
SQM Investment Corp. N.V.
 
 
Subsidiary
 
 
Guarantee
 
 
 
-
 
 
 
-