Antofagasta

Overview In December 2024 Antofagasta exported $148M and imported $95.5M, resulting in a positive trade balance of $52.3M. Between December 2023 and December 2024 the exports of Antofagasta have increased by $50.2M (51.4%) from $97.6M to $148M, while imports increased by $2.45M (2.63%) from $93.1M to $95.5M.

Trade In December 2024, the top exports of Antofagasta were Refined Copper ($126M), Molybdenum Ore ($12.8M), Other Iron Products ($2.05M), Raw Lead ($1.77M), and Gold ($1.28M). In December 2024 the top imports of Antofagasta were Excavation Machinery ($8.24M), Iron Fasteners ($6.07M), Valves ($5.4M), Engine Parts ($4.95M), and Transmissions ($4.73M).

Destinations In December 2024, Antofagasta exported mostly to United States ($103M), Brazil ($14.5M), South Korea ($8.96M), Chinese Taipei ($5.76M), and Thailand ($5.33M), and imported mostly from United States ($60.4M), Chile ($13.1M), China ($6.77M), Canada ($6.6M), and Turkey ($2.2M).

Growth In December 2024, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to United States ($93.3M or 955%), Thailand ($2.9M or 120%), and Chinese Taipei ($1.61M or 38.7%), and product exports increase in Refined Copper ($50.6M or 67.4%), Molybdenum Ore ($1.95M or 18%), and Other Iron Products ($1.93M or 1.62k%). In December 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from United States ($4.37M or 7.81%), Colombia ($1.43M or 3.25k%), and South Africa ($931k or 1.2k%), and product imports increase in Excavation Machinery ($1.97M or 31.4%), Centrifuges ($1.92M or 117%), and Iron Fasteners ($1.8M or 42.3%).