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If you have left all your souvenir shopping to do in Punta Arenas you may be severely disappointed with what is on offer in the town. Punta Arenas is fairly industrial and there is a severe lack of gift shops.
The only souvenir shopping on offer is the stalls set up in the main square, so you should try to complete all the shopping you need before coming here, if this is your departure point from Chile by boat.