Chile Balance of Trade  1991-2016 | Data | Chart | Calendar | Forecast

Chile's trade gap narrowed to USD 234 million in October of 2016 from a USD 357 billion gap a year earlier. Exports declined 5.6 percent year-on-year to USD 4530 million, mainly due to a 3.6 percent drop in mining sales, namely copper (-6.5 percent to USD 2.13 million). In addition, shipments of industrial products went down 10 percent while those of agricultural products jumped 19.3 percent. Imports fell at a faster 7.6 percent to USD 4765 million, as purchases dropped for intermediate goods (-7.5 percent); consumption goods (-6.1 percent) and capital goods (-9.8 percent). Balance of Trade in Chile averaged 470.09 USD Million from 1991 until 2016, reaching an all time high of 2968.21 USD Million in April of 2007 and a record low of -1374.03 USD Million in October of 2008.

Chile Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 11:40 AM Aug $-274M $-90M $-300M $-50M
2016-10-07 11:30 AM Sep $146M $-274M $-180M $-200M
2016-11-07 11:30 AM Oct $-234M $146M $-125M
2016-12-07 11:30 AM Nov $-234M $-254M
2017-01-06 11:30 AM Dec
2017-02-08 11:30 AM Jan




Chile Trade Last Previous Highest Lowest Unit
Balance of Trade -234.00 146.00 2968.21 -1374.03 USD Million [+]
Exports 4530.40 4772.46 7760.56 644.40 USD Million [+]
Imports 4764.74 4626.02 7875.12 492.60 USD Million [+]
Current Account -2772.00 -633.00 3125.00 -4918.00 USD Million [+]
Current Account to GDP -2.10 -1.20 4.60 -14.00 percent [+]
External Debt 12023.69 12124.99 12124.99 2408.00 USD Million [+]
Capital Flows -4110.92 -2087.40 13721.94 -4813.90 USD Million [+]
Remittances 923.00 902.00 936.00 756.00 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]
Terms Of Trade 111.50 108.10 142.20 58.80 Index Points [+]
Terrorism Index 2.70 3.97 3.97 0.50 [+]
Foreign Direct Investment -668.45 -1663.03 864.27 -4900.95 USD Million [+]
Crude Oil Production 5.00 4.00 11.00 2.31 BBL/D/1K [+]



Chile Balance of Trade Notes

Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. Other exports include: food, fruit, chemicals and machinery. Main imports are: energy products, machinery, durable consumer goods, capital goods and chemicals. Main trading partners are: China (25 percent of total exports and 20 percent of imports), United States (12 percent of exports and 20 percent of imports), South Korea (6 percent of exports and 4 percent of imports) and Brazil (5 percent of exports and 9 percent of imports). Others include: Argentina, Germany, Japan, Mexico, Spain and the Netherlands. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-234.00 146.00 2968.21 -1374.03 1991 - 2016 USD Million Monthly



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