Overview In December 2022, Canada exported C$36.8M and imported C$142M from Chile, resulting in a negative trade balance of C$105M. Between December 2021 and December 2022 the exports of Canada have decreased by C$-13.5M (-26.9%) from C$50.3M to C$36.8M, while imports increased by C$63.8M (81.9%) from C$77.9M to C$142M.
Trade In December 2022, the top exports of Canada to Chile were Rapeseed Oil (C$26.3M), Packaged Medicaments (C$5.82M), Binoculars and Telescopes (C$2.58M), Newsprint (C$1.51M), and Tractors (C$1.39M). In December 2022 the top imports of Canada from Chile were Raw Copper (C$102M), Fish Fillets (C$17M), Other Fruits (C$10.8M), Pitted Fruits (C$9.95M), and Wine (C$8.19M).
Origins In December 2022 the exports of Canada were mainly from Ontario (C$19M), Quebec (C$8.31M), British Columbia (C$3.73M), Saskatchewan (C$2M), and Alberta (C$1.89M), while imports destinations were mainly Ontario (C$98.6M), Quebec (C$31.2M), British Columbia (C$8.93M), Alberta (C$1.76M), and Manitoba (C$488k).
Growth In December 2022, the decrease in Canada's year-by-year exports to Chile was explained primarily by an decrease in product exports in Packaged Medicaments (C$-7.17M or -55.2%), Dried Legumes (C$-1.46M or -95.1%), and Rubberworking Machinery (C$-1.14M or -84.3%). In December 2022, the increase in Canada's year-by-year imports from Chile was explained primarily by an increase in product imports in Raw Copper (C$6.16M or 6.4%), Other Nuts (C$1.56M or 241%), and Rubber Tires (C$1.35M or 89.9%).