Chile's trade surplus decreased to USD 334 million in November of 2018 from USD 651 million a year ago. Imports rose 1.8 percent to USD 5622 million, after a 25.6 percent jump in October, as purchases advanced less for capital goods (2.5% vs 39.7%), intermediate goods (7.3% vs 28.7%) and declined for consumption goods (-5.9% vs 12.7%). Meantime, exports fell 3.5 percent to USD 5955 million, after a 7.2 percent growth in October. Sales were dragged down by mining products (-11.4% vs -5.1%), mostly due to copper (-12.6% vs -6.9%); and agricultural goods (-10.7% vs 16.5%). In addition, shipments of manufactured products advanced less (9.9% vs 27.0%). Balance of Trade in Chile averaged 479.45 USD Million from 1991 until 2018, 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.

Balance of Trade in Chile is expected to be 600.00 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 200.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 1420.00 USD Million in 2020, according to our econometric models.

Chile Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 11:30 AM Balance of Trade $-300M $380M $ -200M
2018-10-08 11:30 AM Balance of Trade $-120M $-300M $ -350M
2018-11-07 11:30 AM Balance of Trade $-220M $-120M $ -150M
2018-12-07 11:30 AM Balance of Trade $334M $-217M $ -200M
2019-01-07 11:30 AM Balance of Trade $334M $ 600M
2019-02-07 11:30 AM Balance of Trade
2019-03-07 11:30 AM Balance of Trade


Chile Trade Last Previous Highest Lowest Unit
Balance of Trade 334.00 -216.53 2968.68 -1384.72 USD Million [+]
Current Account -3395.00 -2466.00 3256.31 -5054.86 USD Million [+]
Current Account to GDP -1.50 -1.40 4.50 -14.00 percent [+]
Imports 5621.53 6782.62 7865.59 492.60 USD Million [+]
Exports 5955.35 6566.09 7760.56 644.40 USD Million [+]
External Debt 180416.43 180446.89 184303.62 2435.00 USD Million [+]
Capital Flows -5011.08 -1508.68 13891.49 -5487.39 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]
Terms Of Trade 97.92 98.65 122.50 58.80 Index Points [+]
Terrorism Index 3.25 2.70 3.97 0.50 [+]
Tourist Arrivals 257953.00 270233.00 521425.00 50093.00 Persons [+]
Foreign Direct Investment -306.76 -1901.73 931.17 -6259.76 USD Million [+]
Crude Oil Production 3.00 3.00 13.00 2.30 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Chile Balance of Trade

Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. The most important non mineral exports are chemicals and metals, machinery and equipment , processed food, forestry and wood products, fresh fruit, salmon and wine. On the other hand, the country imports mostly energy products, chemicals, cars, apparel and machinery and equipment. In 2017, the biggest trade surpluses were recorded with Japan and China while the largest trade gaps with Brazil, Argentina and the US. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
334.00 -216.53 2968.68 -1384.72 1991 - 2018 USD Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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