Exports from Chile fell 3.5 percent year-on-year to USD 5955 million in November 2018, after a 7.2 percent growth in October. Sales were dragged down by mining products (-11.4% vs -5.1%), mostly due to copper (-12.6% vs -6.9%); and agricultural goods (-10.7% vs 16.5%). In addition, shipments of manufactured products advanced less (9.9% vs 27.0%). Exports in Chile averaged 3484.65 USD Million from 1991 until 2018, reaching an all time high of 7760.56 USD Million in December of 2010 and a record low of 644.40 USD Million in November of 1991.
Exports in Chile is expected to be 6640.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Chile to stand at 6200.00 in 12 months time. In the long-term, the Chile Exports is projected to trend around 6300.00 USD Million in 2020, according to our econometric models.