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.

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Chile Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-09 12:30 PM Apr $1071M $1264M $480M
2022-06-07 12:30 PM May $851M $1071M $750M
2022-07-07 12:30 PM Jun $851M $ 741M


Related Last Previous Unit Reference
Balance of Trade 851.00 1071.00 USD Million May 2022
Current Account -5575.19 -7553.97 USD Million Mar 2022
Imports 3298.87 7356.02 USD Million May 2022
Exports 4238.16 8427.40 USD Million May 2022
Capital Flows -3898.57 -6910.17 USD Million Mar 2022

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 processed food, namely salmon; fresh fruit; chemicals; cellulose & paper; forestry & wood products; metals, machinery & equipment; and wine. In 2019, the biggest trade surpluses were recorded with China and Japan while the largest trade deficits with the US, Argentina and Brazil.
Actual Previous Highest Lowest Dates Unit Frequency
851.00 1071.00 2968.68 -1384.72 1991 - 2022 USD Million Monthly

News Stream
Chile Trade Surplus Narrows in May
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.
2022-06-07
Chile Trade Surplus Narrows Sharply in April
Chile’s trade surplus shrank to USD 1,071 million in April of 2022 from USD 2,362 million in the same month of the previous year. Exports advanced 0.8 percent to USD 8,427 million, with copper revenues at USD 4,037 million, down 11.4% from a year earlier. Meantime, imports jumped at a much faster 22.6 percent to USD 7,356 million, led by purchases of intermediate goods (+30.8 percent to USD 4,184 million).
2022-05-09
Chile Trade Surplus Widens Sharply in March
Chile’s trade surplus widened to USD 1,264 million in March of 2022 from USD 867 million in the same month of the previous year. Exports jumped 22 percent to USD 9,481 million, with copper revenues at USD 4,946 million, up 9.3 percent from a year earlier. Meantime, imports advanced 19 percent to USD 7,457 million, led by purchases of intermediate goods (27 percent to USD 4,595 million).
2022-04-07