Santiago

Overview In January 2024 Santiago exported $2.53B and imported $405M, resulting in a positive trade balance of $2.13B. Between January 2023 and January 2024 the exports of Santiago have increased by $440M (21%) from $2.09B to $2.53B, while imports decreased by $-76.5M (-15.9%) from $482M to $405M.

Trade In January 2024, the top exports of Santiago were Copper Ore ($1.04B), Refined Copper ($832M), Sulfate Chemical Woodpulp ($194M), Raw Copper ($83.6M), and Molybdenum Ore ($71.2M). In January 2024 the top imports of Santiago were Computers ($25.7M), Telephones ($23.4M), Industrial Printers ($19.3M), Bovine Meat ($19.3M), and Integrated Circuits ($16.9M).

Destinations In January 2024, Santiago exported mostly to China ($1.35B), United States ($270M), Japan ($124M), South Korea ($107M), and Philippines ($95.9M), and imported mostly from United States ($155M), China ($40.6M), Italy ($30.4M), Hong Kong ($22.9M), and Argentina ($19.7M).

Growth In January 2024, the increase in Santiago's year-by-year exports was explained primarily by an increase in exports to South Korea ($42.9M or 42.3%), Germany ($42.8M or 680%), and India ($27.5M or 419%), and product exports increase in Copper Ore ($92.2M or 26%), Commodities not elsewhere specified ($41.6M or 256%), and Molybdenum Ore ($34.6M or 35.7%). In January 2024, the decrease in Santiago's year-by-year imports was explained primarily by an decrease in imports from China ($-155M or -78.2%), Uruguay ($-66.4M or -97.5%), and Hong Kong ($-46.8M or -60.5%), and product imports decrease in Knit Sweaters ($-71M or -93.1%), Telephones ($-25.4M or -57.1%), and Gas Turbines ($-19.6M or -97.6%).