Chile’s trade surplus shrank to USD 851 million in May of 2022 from USD 1,079 million in the same month of the previous year. Imports jumped 25.7 percent to USD 8,437 million, boosted by purchases of intermediate goods (40.4 percent), consumer goods (16.5 percent) and capital goods (13.5 percent). Meanwhile, exports advanced at a slower 19.2 percent to USD 9,289 million, driven by sales of industrial products (35.5 percent), agricultural products (40 percent), and, to a lesser extent, mining products (9.8 percent) with copper shipments falling 18.3 percent. source: Banco Central de Chile
Balance of Trade in Chile averaged 518.94 USD Million from 1991 until 2022, 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 June of 2022.
Balance of Trade in Chile is expected to be 741.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Balance of Trade is projected to trend around 221.00 USD Million in 2023 and 235.00 USD Million in 2024, according to our econometric models.