Overview In December 2022, Chile exported $413M and imported $31.1M from South Korea, resulting in a positive trade balance of $382M. Between December 2021 and December 2022 the exports of Chile have decreased by $-153M (-27%) from $566M to $413M, while imports decreased by $-112M (-78.2%) from $143M to $31.1M.
Trade In December 2022, the top exports of Chile to South Korea were Refined Copper ($132M), Copper Ore ($77.1M), Molybdenum Ore ($49.3M), Iron Ore ($45.9M), and Raw Copper ($39.6M). In December 2022 the top imports of Chile from South Korea were Telephones ($40.9M), Video Displays ($20.4M), Motor vehicles; parts and accessories (8701... ($15.5M), Electrical Ignitions ($4.66M), and Engine Parts ($3.85M).
Origins In December 2022 the exports of Chile were mainly from Las Condes ($318M), Santiago ($31.9M), Rancagua ($9.97M), Puerto Montt ($6.74M), and Providencia ($6.59M), while imports destinations were mainly Las Condes ($12M), Providencia ($4.13M), Vitacura ($3.04M), Renca ($3.03M), and Santiago ($2.95M).
Growth In December 2022, the decrease in Chile's year-by-year exports to South Korea was explained primarily by an decrease in product exports in Raw Copper ($-39.2M or -49.8%), Copper Ore ($-17.7M or -18.7%), and Wine ($-5.85M or -65.8%). In December 2022, the decrease in Chile's year-by-year imports from South Korea was explained primarily by an decrease in product imports in Telephones ($-19.9M or -32.7%), Refrigerators ($-3.05M or -100%), and Air Conditioners ($-2.81M or -95.6%).