Imports to Chile jumped 25.6 percent year-on-year to USD 6783 million in October 2018, after a 22.3 percent surge in September, mainly led by purchases of capital goods (39.7% vs 20.3%), especially machinery for mining and construction (247.3%); intermediate goods (28.7% vs 13.2%), namely diesel oil (59.1%) and consumer goods (12.7% vs 5.1%), of which clothing (20.7 percent) and domestic appliances (19.6 percent). Imports in Chile averaged 2998.16 USD Million from 1991 until 2018, reaching an all time high of 7865.59 USD Million in October of 2012 and a record low of 492.60 USD Million in February of 1991.
Imports in Chile is expected to be 6250.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Chile to stand at 6000.00 in 12 months time. In the long-term, the Chile Imports is projected to trend around 6200.00 USD Million in 2020, according to our econometric models.