Exports from Chile fell 2.3 percent year-on-year to USD 6353 million in May 2019, dragged down by lower sales of mining products (-2.3 percent), namely copper (-2.3 percent), molybdenum (-29.5 percent) and iron (-17.1 percent). Also, shipments decreased for agricultural, forestry and fishing goods (-5.8 percent) and manufactured products (-1.4 percent), of which food (-5.2 percent); basic metals (-38.2 percent); machinery & equipment (-13.5 percent) and cellulose, paper & others (-11.2 percent). Exports in Chile averaged 3531.77 USD Million from 1991 until 2019, reaching an all time high of 7760.56 USD Million in December of 2010 and a record low of 644.40 USD Million in November of 1991.
Exports in Chile is expected to be 5800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Chile to stand at 6300.00 in 12 months time. In the long-term, the Chile Exports is projected to trend around 6600.00 USD Million in 2020, according to our econometric models.