Chile trade balance swung to a $990 million trade deficit in August of 2022 from a $61.2 million surplus a year earlier. It is also the biggest trade gap recorded since August of 2012. Exports declined 0.8% to $7840 million, the lowest value since February, with copper revenues falling to $3.2 million from $4.5 million a year earlier. Meanwhile, imports jumped 12.6% to a record high of $8829 million. source: Banco Central de Chile
Balance of Trade in Chile averaged 506 USD Million from 1991 until 2022, reaching an all time high of 2968.68 USD Million in April of 2007 and a record low of -1384.72 USD Million in October of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Balance of Trade in Chile is expected to be 288.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Balance of Trade is projected to trend around 221.00 USD Million in 2023 and 235.00 USD Million in 2024, according to our econometric models.