Antofagasta

Overview In August 2024 Antofagasta exported $203M and imported $94.3M, resulting in a positive trade balance of $109M. Between August 2023 and August 2024 the exports of Antofagasta have increased by $82.3M (67.9%) from $121M to $203M, while imports increased by $10.2M (12.1%) from $84.1M to $94.3M.

Trade In August 2024, the top exports of Antofagasta were Raw Copper ($117M), Refined Copper ($76.7M), Gold ($3.57M), Scrap Iron ($3.51M), and Other Iron Products ($1.33M). In August 2024 the top imports of Antofagasta were Excavation Machinery ($9.64M), Transmissions ($7.13M), Engine Parts ($6.59M), Iron Fasteners ($5.76M), and Centrifuges ($4.51M).

Destinations In August 2024, Antofagasta exported mostly to Spain ($117M), Thailand ($23.4M), China ($18.9M), Brazil ($18.8M), and South Korea ($11.4M), and imported mostly from United States ($66.4M), Canada ($12M), China ($4.71M), Chile ($4.34M), 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 China ($12.2M or 180%), Peru ($3.3M or 458%), and Argentina ($44.9k or 390%), and product exports increase in Refined Copper ($50.9M or 198%), Raw Copper ($24.7M or 26.9%), and Gold ($2.5M or 232%). In August 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from United States ($10.5M or 18.9%), Canada ($4.8M or 67%), and China ($2.24M or 90.8%), and product imports increase in Excavation Machinery ($5.45M or 130%), Transmissions ($2.64M or 59%), and Ball Bearings ($2.27M or 125%).