Chile Balance of Trade

Last Release

Aug 31, 2024

Actual

1,132.19

Units In

USD Million

1,294.77

Frequency

Monthly

Next Release

Oct 07, 2024

Time to Release

26 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
2,968.68 Apr 2007	-1,384.72 Oct 2008	561.56 USD Million	1991-2024	Banco Central de Chile

Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. The most important non mineral exports are processed food, namely salmon; fresh fruit; chemicals; cellulose & paper; forestry & wood products; metals, machinery & equipment; and wine. In 2019, the biggest trade surpluses were recorded with China and Japan while the largest trade deficits with the US, Argentina and Brazil.

Latest Updates

Chile's trade surplus widened to USD 1,132 million in August 2024, from USD 482 million in the corresponding period of the previous year, as imports fell while exports rose. Effectively, imports from Chile declined 7.3% year-on-year to USD 6,879 million, as purchases fell for capital goods (-10.9% to USD 1,419 million), consumer goods (-7.3% to USD 2,023 million), and intermediate goods (-3.6% to USD 4,014 million). Meanwhile, exports from Chile increased by 1.4% year-on-year to USD 8,012 million, mainly due to higher shipments of minerals (+7.6% to USD 4,707 million).