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The Port of Coquimbo lies on the southern shores of Coquimbo Bay in central Chile on one of the best sheltered harbors in the country. Located on the Pan-American Highway, it is a commercial and trade hub. With little rain and an average temperature of about 14°C (57°F), the Port of Coquimbo is a popular South American seacoast resort. In 2002, the city was home to about 148 thousand people, and almost 300 thousand people lived in the La Serena-Coquimbo metropolitan area.
The Port of Coquimbo is a fast-growing shipping and industrial center. Its well-protected harbor is the winter refuge for the Chilean navy, and the port is busy with a variety of cargoes that include cement, agricultural products, fertilizers, ores, and concentrates.