Chile's foreign trade increases 41% in July and sets a new record

Published 2021년 8월 9일

Tridge summary

Chile's foreign trade exchange reached a record high of USD 101,393 million in the first seven months of 2021, a 36% increase from the previous year, surpassing USD 100 billion for the first time. This growth is attributed to both a rise in exports and imports, with exports reaching USD 53,320 million, a 29% increase, and imports reaching USD 48,073 million, a 45% increase. Copper exports led the growth, increasing by 54% and accounting for 57% of total shipments. The month of July saw the highest commercial exchange for a single month since records began, with a 41% increase compared to the same month in 2020.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Redacción PortalPortuario.cl, @PortalPortuario, Chile's trade exchange grew to USD 101,393 million in the first seven months of 2021, achieving a growth of 36% compared to the same period of 2020, according to a report prepared by the Undersecretariat of International Economic Relations (Subrei) with figures from the Bank Central., This record is the highest for Chilean foreign trade, surpassing for the first time the barrier of US $ 100 billion in the seventh month of a year. In the period, both exports and imports accumulate record values, exports (minerals + 52%; agricultural + 5%; industrial + 3%) rose to USD 53,320 million, 29% higher than the shipments of 2020. Imports by their part accounted for operations for USD 48,073 million, marking an increase of 45% (consumer goods + 69%; intermediate goods + 38%; capital goods + 35%) compared to the same period in 2020., At the product level, the boom in Chilean exports continues to be led by copper, whose sales abroad reached a ...

Source: CLPortalportuario