Overview In September 2021 Chile exported $317M and imported $120M from South Korea, resulting in a positive trade balance of $198M. Between September 2020 and September 2021 the exports of Chile have increased by $97.5M (44.3%) from $220M to $317M, while imports decreased by $-48.4M (-28.8%) from $168M to $120M.
Trade In September 2021, the top exports of Chile to South Korea were Refined Copper ($114M), Iron Ore ($49.8M), Raw Copper ($43.8M), Molybdenum Ore ($35.4M), and Carbonates ($25.1M). In September 2021 the top imports of Chile from South Korea were Telephones ($90.5M), Computers ($8M), Orthopedic Appliances ($4.04M), Microphones and Headphones ($1.82M), and Medical Instruments ($1.77M).
Origins In September 2021 the exports of Chile were mainly from Las Condes ($117M), Santiago ($95.6M), La Serena ($49.9M), Rancagua ($8.5M), and Providencia ($7.63M), while imports destinations were mainly Las Condes ($104M), Providencia ($6.53M), Lampa ($1.42M), Vitacura ($1.02M), and Quilicura ($978k).
Growth In September 2021, the increase in Chile's year-by-year exports to South Korea was explained primarily by an increase in product exports in Refined Copper ($61.2M or 116%), Molybdenum Ore ($26.5M or 300%), and Pig Meat ($3.56M or 42%). In September 2021, the decrease in Chile's year-by-year imports from South Korea was explained primarily by an decrease in product imports in Computers ($-23.9M or -74.9%), Telephones ($-13.8M or -13.2%), and Microphones and Headphones ($-6.68M or -78.6%).