Antofagasta

Overview In August 2024 Antofagasta exported $332M and imported $101M, resulting in a positive trade balance of $231M. Between August 2023 and August 2024 the exports of Antofagasta have increased by $90.5M (37.6%) from $241M to $332M, while imports increased by $12.9M (14.7%) from $88.1M to $101M.

Trade In August 2024, the top exports of Antofagasta were Refined Copper ($165M), Raw Copper ($117M), Molybdenum Ore ($37.4M), Scrap Iron ($3.78M), and Gold ($3.57M). In August 2024 the top imports of Antofagasta were Excavation Machinery ($9.64M), Transmissions ($7.34M), Engine Parts ($6.59M), Iron Fasteners ($5.82M), and Centrifuges ($4.82M).

Destinations In August 2024, Antofagasta exported mostly to Spain ($117M), United States ($88.4M), Brazil ($38.8M), Thailand ($23.4M), and China ($20.1M), and imported mostly from United States ($66.6M), Canada ($12M), Chile ($8.42M), China ($5.35M), and Hong Kong ($2.23M).

Growth In August 2024, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to United States ($35.4M or 66.8%), Brazil ($19.7M or 104%), and South Korea ($10.9M or 324%), and product exports increase in Refined Copper ($71M or 75.9%), Raw Copper ($24.7M or 26.9%), and Scrap Iron ($3.31M or 698%). In August 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from United States ($10.6M or 18.9%), Canada ($4.79M or 66.8%), and Hong Kong ($2.14M or 2.31k%), and product imports increase in Excavation Machinery ($5.36M or 125%), Transmissions ($2.86M or 63.7%), and Ball Bearings ($2.27M or 125%).