Antofagasta

Overview In October 2024 Antofagasta exported $186M and imported $86.1M, resulting in a positive trade balance of $99.6M. Between October 2023 and October 2024 the exports of Antofagasta have increased by $131M (240%) from $54.6M to $186M, while imports increased by $16.9M (24.4%) from $69.2M to $86.1M.

Trade In October 2024, the top exports of Antofagasta were Raw Copper ($98.1M), Refined Copper ($75.6M), Gold ($3.99M), Scrap Iron ($2.96M), and Other Iron Products ($1.95M). In October 2024 the top imports of Antofagasta were Engine Parts ($8.88M), Iron Fasteners ($7.25M), Transmissions ($6.35M), Excavation Machinery ($5.33M), and Valves ($3.46M).

Destinations In October 2024, Antofagasta exported mostly to Canada ($98.3M), China ($57.4M), Brazil ($12.1M), Peru ($8.99M), and United States ($4.96M), and imported mostly from United States ($59.1M), Chile ($8.3M), Canada ($6.4M), China ($5.16M), and Colombia ($1.88M).

Growth In October 2024, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to China ($46.3M or 419%), Peru ($5.89M or 190%), and Australia ($538k or 2.96k%), and product exports increase in Refined Copper ($29M or 62.3%), Other Iron Products ($1.35M or 225%), and Gold ($815k or 25.6%). In October 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from United States ($26.4M or 81.1%), China ($3.76M or 268%), and Chile ($2.11M or 34.1%), and product imports increase in Excavation Machinery ($3.31M or 165%), Iron Fasteners ($3.28M or 82.8%), and Other Electrical Machinery ($2.5M or 1.07k%).