Chile Trade Surplus Widens in January

Chile’s trade surplus widened to $3.8 billion in January 2026 from $2.7 billion a year earlier. Exports rose 8.5% year-on-year to $10.7 billion, supported by a 12.1% increase in mining shipments, driven by a 7.9% rise in copper exports. Industrial goods exports climbed 13.9%, while shipments from the agricultural, forestry and fishing sector fell 8.3%. Imports declined 3.8% year-on-year to $6.9 billion, as purchases of consumer goods fell 3.6% and intermediate goods dropped 9.7%. In contrast, imports of capital goods rose 11.4%. On a month-over-month basis, the trade surplus increased 6%.

Chile’s trade surplus widened to $3.6 billion in December 2025 from $2.3 billion a year earlier, as exports outpaced imports. Overseas shipments jumped 18.7% year-on-year to $11.3 billion, driven by a 34.2% surge in mining exports, including a 26.4% increase in copper sales. Exports of agricultural, forestry, and fishing products also rose 11%. In contrast, industrial exports declined 4.4%. Imports increased 6.6% to $7.7 billion, led by a 9.5% rise in consumer goods purchases, while imports of intermediate goods grew 4.1% and capital goods advanced 7.7%. For full-year 2025, Chile’s trade surplus narrowed slightly to $20.8 billion from $21.0 billion in 2024.

Chile’s trade surplus widened to $1.90 billion in November 2025, up from $1.30 billion a year earlier. Exports rose 8.2% to $8.50 billion, supported by a 12.6% increase in mining shipments, including a 4.6% rise in copper sales. Exports from the agricultural, forestry, and fishing sector surged 60%, while industrial goods fell 4.9%. Imports edged up 0.6% to $6.61 billion, led by a 22% jump in capital goods, whereas intermediate goods dropped 6.6% and consumer goods declined 3.7%. For the January–November period, Chile’s trade surplus widened to $18.74 billion, compared with $16.34 billion in the same period of 2024.