Trade Trend

In 2023, Chile's total export value is 96.71Billion USD, total import value is 80.30Billion USD, Surplus is 16.40Billion USD, and foreign trade dependency is 0.528. In 2023，Chile's top export products are Copper ores and concentrates(23.51Billion USD), Copper; refined and copper alloys, unwrought(17.38Billion USD), Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate(5.26Billion USD), top export destinations are China(36.94Billion USD), United States(15.38Billion USD), Japan(6.68Billion USD). In 2023, Chile's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(7.22Billion USD), Petroleum oils and oils obtained from bituminous minerals; crude(5.24Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(3.12Billion USD), top import origins are China(17.95Billion USD), United States(16.24Billion USD), Brazil(8.82Billion USD).

Comparing to 2022, Chile's total export value decreased -1.31Billion USD(-1.34%) in 2023, this could result from its export decreases of products such as Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate(-2.98Billion USD or -36.17%), Chemical wood pulp, soda or sulphate, other than dissolving grades(-457.91Million USD or -15.87%), Copper; refined and copper alloys, unwrought(-416.62Million USD or -2.34%) and export decreases to countries/economics such as China(-928.05Million USD or -2.45%), Japan(-598.29Million USD or -8.22%), India(-320.72Million USD or -19.04%). Comparing to 2022, Chile's total import value decreased -18.44Billion USD(-18.67%) in 2023, this could result from its import decreases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-3.78Billion USD or -34.39%), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(-1.61Billion USD or -33.99%), Coal; briquettes, ovoids and similar solid fuels manufactured from coal(-1.04Billion USD or -46.58%), and its import decreases from countries/economies such as China(-6.36Billion USD or -26.17%), United States(-4.56Billion USD or -21.91%), Brazil(-1.51Billion USD or -14.61%).

Cumulated to first 7 months of 2024, Chile's total export value is 40.04Billion USD, total import value is 30.34Billion USD, and tradesurplus is 9.70Billion USD. Cumulated to first 7 months of 2024, Chile's top export products are Copper ores and concentrates(10.50Billion USD), Copper; refined and copper alloys, unwrought(7.09Billion USD), Apricots, cherries, peaches (including nectarines), plums and sloes, fresh(2.52Billion USD), and top export destinations are China(16.18Billion USD), United States(6.04Billion USD), Japan(3.33Billion USD). Cumulated to first 7 months of 2024, Chile's top import products are Copper ores and concentrates(10.50Billion USD), Copper; refined and copper alloys, unwrought(7.09Billion USD), Apricots, cherries, peaches (including nectarines), plums and sloes, fresh(2.52Billion USD), and top import origins areChina(7.39Billion USD), United States(6.92Billion USD), Brazil(2.86Billion USD).