Overview: In January 2021 Santiago exported $1.67B and imported $720M, resulting in a positive trade balance of $951M. Between January 2020 and January 2021 the exports of Santiago have increased by $78.3M (4.92%) from $1.59B to $1.67B, while imports increased by $288M (66.9%) from $431M to $720M.
Trade: In January 2021, the top exports of Santiago were Refined Copper ($567M), Copper Ore ($564M), Sulfate Chemical Woodpulp ($165M), Pitted Fruits ($58.9M), and Raw Copper ($56.4M). In January 2021 the top imports of Santiago were Computers ($93.6M), Telephones ($90.6M), Industrial Printers ($52.3M), Integrated Circuits ($39.5M), and Vehicle Parts ($16.9M).
Destinations: In January 2021, Santiago exported mostly to China ($986M), United States ($177M), South Korea ($89.1M), Japan ($57.4M), and Spain ($41.1M), and imported mostly from United States ($264M), China ($86.2M), Hong Kong ($63.1M), Spain ($60.4M), and Panama ($48M).
Growth: In January 2021, the increase in Santiago's year-by-year exports was explained primarily by an increase in exports to China ($106M or 12.1%), United States ($39.6M or 28.9%), and France ($26.4M or 198%), and product exports increase in Refined Copper ($141M or 33.2%), Pitted Fruits ($30.4M or 107%), and Silver ($11.1M or 54.4%). In January 2021, the increase in Santiago's year-by-year imports was explained primarily by an increase in imports from United States ($126M or 92%), Hong Kong ($50.8M or 414%), and China ($37.8M or 78.2%), and product imports increase in Computers ($71.2M or 318%), Telephones ($51.8M or 133%), and Industrial Printers ($48.9M or 1.43k%).