Overview: In May 2021 Chile exported $6.96B and imported $5.74B, resulting in a positive trade balance of $1.22B. Between May 2020 and May 2021 the exports of Chile have increased by $2.03B (41.2%) from $4.93B to $6.96B, while imports increased by $2.46B (75%) from $3.28B to $5.74B.
Trade: In May 2021, the top exports of Chile were Copper Ore ($2.38B), Refined Copper ($1.33B), Fish Fillets ($228M), Commodities not elsewhere specified ($204M), and Raw Copper ($194M). In May 2021 the top imports of Chile were Telephones ($439M), Computers ($344M), Flat Flat-Rolled Steel ($206M), Bovine Meat ($187M), and Medical Instruments ($174M).
Origins: In May 2021 the exports of Chile were mainly from Las Condes ($2.82B), Santiago ($1.77B), Puerto Montt ($250M), La Serena ($171M), and Providencia ($159M), while imports destinations were mainly Las Condes ($1.21B), Santiago ($906M), Providencia ($816M), Huechuraba ($612M), and Quilicura ($525M).
Destinations: In May 2021, Chile exported mostly to China ($2.33B), United States ($1.13B), Japan ($564M), Brazil ($362M), and South Korea ($347M), and imported mostly from United States ($1.82B), Switzerland ($556M), China ($379M), Hong Kong ($373M), and Argentina ($268M).
Growth: In May 2021, the increase in Chile's year-by-year exports was explained primarily by an increase in exports to China ($556M or 31.3%), United States ($440M or 63.9%), and Japan ($220M or 64.1%), and product exports increase in Copper Ore ($1.32B or 124%), Refined Copper ($366M or 38%), and Commodities not elsewhere specified ($93.5M or 84.4%). In May 2021, the increase in Chile's year-by-year imports was explained primarily by an increase in imports from United States ($878M or 93.5%), Hong Kong ($281M or 304%), and Switzerland ($246M or 79.2%), and product imports increase in Telephones ($278M or 172%), Computers ($220M or 178%), and Flat Flat-Rolled Steel ($183M or 822%).