Chile’s trade surplus widened to USD 2,040 million in April of 2021 from USD 1,659 million in the same period of the previous year. Exports jumped 38.7 percent to USD 8,114 million, as record high copper prices pushed copper sales up (69.3 percent vs 51.8 percent in March). Copper accounts for more than half of Chile's total exports. Shipments of manufactured products increased as well (12.5 percent vs 5.9 percent). Meantime, imports advanced at a faster 45.0 percent to USD 6,075 million, amid higher purchases of consumer goods (82.1 percent vs 72.6 percent), capital goods (30.2 percent vs 64.1 percent); and intermediate goods (35.3 percent vs 46.2 percent). source: Banco Central de Chile
Balance of Trade in Chile averaged 511.76 USD Million from 1991 until 2021, reaching an all time high of 2968.68 USD Million in April of 2007 and a record low of -1384.72 USD Million in October of 2008. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Balance of Trade in Chile is expected to be 1550.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Chile to stand at 700.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 700.00 USD Million in 2022 and 500.00 USD Million in 2023, according to our econometric models.