Santiago

Overview In December 2024 Santiago exported $1.97B and imported $428M, resulting in a positive trade balance of $1.54B. Between December 2023 and December 2024 the exports of Santiago have increased by $230M (13.2%) from $1.74B to $1.97B, while imports decreased by $-12.5M (-2.84%) from $441M to $428M.

Trade In December 2024, the top exports of Santiago were Refined Copper ($692M), Copper Ore ($518M), Sulfate Chemical Woodpulp ($255M), Raw Copper ($135M), and Molybdenum Ore ($66.9M). In December 2024 the top imports of Santiago were Bovine Meat ($54.4M), Insulated Wire ($16.8M), Medical Instruments ($12.2M), Jewellery ($8.8M), and Ball Bearings ($8.52M).

Destinations In December 2024, Santiago exported mostly to China ($1.17B), United States ($253M), Japan ($79.3M), Brazil ($78.9M), and France ($64.2M), and imported mostly from China ($92.3M), United States ($88.4M), Argentina ($46.4M), Brazil ($28.3M), and Spain ($26M).

Growth In December 2024, the increase in Santiago's year-by-year exports was explained primarily by an increase in exports to China ($258M or 28.5%), India ($33.4M or 303%), and Brazil ($13.9M or 21.4%), and product exports increase in Copper Ore ($158M or 43.7%), Sulfate Chemical Woodpulp ($104M or 69.5%), and Pitted Fruits ($30.2M or 203%). In December 2024, the decrease in Santiago's year-by-year imports was explained primarily by an decrease in imports from United States ($-72.6M or -45.1%), Canada ($-26.3M or -87.6%), and Italy ($-9.5M or -32.2%), and product imports decrease in Integrated Circuits ($-33M or -95%), Telephones ($-30.7M or -79.5%), and Computers ($-28M or -87.4%).