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Monitor Report of CHILE trade and CHILE-China binational trade in 202009

 1.  Overview the trade of CHILE in goods current year until 202009

According to Dalian Infobank, in 202009CHILE's exports and imports of goods amounted to 9594.6258 million, and were down 3.59% comparing with the same period of last year. Among these, exports were up 2.01% at 4922.1420 million, and imports were down 8.87% at 4672.4838 million. And the corresponding trade surplus was 249.6582 million and down 182.65%.

During the current year until 202009, CHILE's total exports and imports of goods were 89867.1795 million and were down 11.45% comparing to the same period of last year. Among these, exports were 49647.8282 million and down 5.91%; imports were 40219.3514 million and down 17.46%. The total trade surplus was 9428.4768 million and up 133.26%.

If considering by country (region), CHINA, UNITED STATES, JAPAN, BRAZIL, SOUTH KOREA were CHILE's top five trading partners. During the current year until 202009, CHILE's imports and exports to five countries/territories were 28621.0311 million, 14500.9904 million, 5210.2305 million, 5003.9446 million, 3557.7458 million. These values correspond to 31.85%, 16.14%, 5.80%, 5.57%, 3.96% of CHILE's imports and exports, and, respectively, were up 6.90%, down 14.79%, down 20.80%, down 24.79%, down 25.89% comparing to the same period of last year.

Current year until 202009, CHILE and the top five trade partners CHINA, UNITED STATES, JAPAN, SOUTH KOREA, BRAZIL are the top five countries/territories that CHILE exports to in terms of the total export amount. During the current year until 202009, CHILE's exports to these five countries/territories were 17814.4374 million, 7008.4376 million, 4490.5640 million, 2940.4693 million, 2011.6972 million. These values correspond to 35.88%, 14.12%, 9.04%, 5.92%, 4.05% of CHILE's exports and, respectively, were up 13.84%, down 7.00%, down 9.27%, down 22.17%, down 16.01% comparing with the same period of last year.

Current year until 202009, CHILE's exports to top five countries/territories CHINA, UNITED STATES, BRAZIL, ARGENTINA, GERMANY are the top five countries/territories that CHILE imports from in terms of the total export amount. During the current year until 202009, CHILE's imports from these five countries/territories were 10806.5937 million, 7492.5528 million, 2992.2474 million, 2470.4155 million, 1673.9244 million. These values correspond to 26.87%, 18.63%, 7.44%, 6.14%, 4.16% of CHILE's total imports and, respectively, were down 2.87%, down 20.98%, down 29.73%, down 5.37%, down 18.73% comparing with the same period of last year.

During the current year until 202009, the trade surplus of CHILE was mainly from CHINA, JAPAN, SOUTH KOREA, TAIWAN, NETHERLANDS at 7007.8437 million, 3770.8976 million, 2323.1927 million, 763.7110 million, 706.8606 million, and up 54.96%, up 13.55%, down 15.68%, down 24.33%, down 20.42%. And the trade deficits were mainly from ARGENTINA, GERMANY, BRAZIL, UNITED STATES, PARAGUAY at 2006.2401 million, 985.6186 million, 980.5502 million, 484.1152 million, 379.1679 million, and down 3.73%, down 23.44%, down 47.36%, down 75.12%, down 7.03%.

Current year until 202009, CHILE's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 26, 74, 84, 27, 85, were CHILE's top five traded commodities. They correspond to the import and export values of 15076.1772 million, 11167.6700 million, 6169.8430 million, 5594.7654 million, 5109.6019 million, which were down 3.88%, up 0.66%, down 9.85%, down 33.79%, up 11.32% comparing with the same period of last year and account for 16.78%, 12.43%, 6.87%, 6.23%, 5.69% of CHILE's total imports and exports.

During the current year until 202009, 26, 74, 08, 03, 44 were CHILE's top five traded commodities, with total import and export values of 14739.7834 million, 11090.8918 million, 4592.9445 million, 3697.4255 million, 1628.4439 million. These values correspond to 29.69%, 22.34%, 9.25%, 7.45%, 3.28% of CHILE's total exports and, respectively, were down 4.56%, up 0.82%, down 2.34%, down 14.13%, down 9.22% comparing to the same period of last year.

During the current year until 202009, 84, 27, 85, 87, 39 were CHILE's top five traded commodities, with total import values of 5738.8557 million, 5429.9513 million, 4979.7188 million, 2977.9267 million, 1529.6983 million. These values correspond to 14.27%, 13.50%, 12.38%, 7.40%, 3.80% of CHILE's total exports and, respectively, were down 10.10%, down 33.96%, up 12.64%, down 46.74%, down 10.95% comparing to the same period of last year.


2. Current year until 202009, CHILE binational trade profile

According to Dalian Infobank, during the current year until 202009, CHILE-China binational exports and imports of goods amounted to 28621.0311 million and were up 6.90% comparing with the same period of last year. Among these, exports from CHILE to China were 17814.4374 million and up 13.84%, imports from China to CHILE were 10806.5937 million and down 2.87%. The total binational trade surplus was 7007.8437 million and up 54.96%.

During the urrent year until 202009, commodities with hs2 code, 26, 74, 85, 84, 08, were binational trade's top five traded commodities. They correspond to import and export values of 8438.4672 million, 5623.9391 million, 2980.8908 million, 1629.9299 million, 1148.6744 million and makes up 29.48%, 19.65%, 10.42%, 5.69%, 4.01% of the total binational imports and exports. These values were also up 12.24%, up 26.33%, up 29.82%, up 5.72%, up 14.34% comparing to the same period last year.

During the current year until 202009, 26, 74, 08, 47, 02 were the top five traded commodities exported to China from CHILE, with export values of 8436.8467 million, 5602.0330 million, 1146.1804 million, 944.6644 million, 536.2583 million. These values account for 47.36%, 31.45%, 6.43%, 5.30%, 3.01% of CHILE's total exports and were up 12.24%, up 26.70%, up 14.23%, down 19.60%, up 94.58% comparing to the same period of last year.

During the current year until 202009, 85, 84, 87, 61, 73 were CHILE's top five traded commodities importing from China , with import values of 2979.5566 million, 1627.7448 million, 549.9132 million, 462.1425 million, 448.6266 million. These values account for 27.57%, 15.06%, 5.09%, 4.28%, 4.15% of CHILE's total imports and were up 29.85%, up 6.05%, down 28.51%, down 31.41%, down 17.17% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Servicio Nacional de Aduanas