Antofagasta

Overview In January 2024 Antofagasta exported $155M and imported $58.4M, resulting in a positive trade balance of $97M. Between January 2023 and January 2024 the exports of Antofagasta have increased by $43.8M (39.3%) from $112M to $155M, while imports increased by $13.4M (29.8%) from $45M to $58.4M.

Trade In January 2024, the top exports of Antofagasta were Raw Copper ($77.8M), Refined Copper ($68.9M), Gold ($3.57M), Flat Flat-Rolled Steel ($1.12M), and Pulley Systems ($1.06M). In January 2024 the top imports of Antofagasta were Engine Parts ($11.3M), Motor vehicles; parts and accessories (8701... ($3.93M), Transmissions ($3.72M), Excavation Machinery ($3.4M), and Iron Fasteners ($2.97M).

Destinations In January 2024, Antofagasta exported mostly to China ($55.5M), South Korea ($28M), India ($25.8M), Japan ($25.6M), and Brazil ($10.6M), and imported mostly from United States ($40.3M), Canada ($6.67M), Chile ($5.73M), Italy ($1.46M), and China ($1.24M).

Growth In January 2024, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to South Korea ($43.2M or 801%), China ($29.8M or 249%), and Brazil ($9.5M or 32.4k%), and product exports increase in Refined Copper ($35.9M or 147%), Scrap Iron ($420k or 69.4%), and Copper Bars ($339k or 1.78k%). In January 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from Canada ($3.94M or 141%), Chile ($975k or 18.2%), and South Africa ($942k or 285%), and product imports increase in Excavation Machinery ($1.84M or 153%), Other Engines ($1.75M or 237%), and Valves ($1.27M or 43.1%).