Trade Resources Economy Brief Report of Chile's Trade in July 2016

Brief Report of Chile's Trade in July 2016

According to the statistics from Chile’s customs, Chile’s volume of goods trade was USD63.17 billion from January to July in 2016, down 12.4% year-on-year (the same below). Exports fell by 13.6% to USD33.55 billion, and imports fell by 11.0% to USD29.62 billion. The trade surplus was USD3.93 billion, down 29.1%.

In July, Chile’s volume of goods trade fell by 23.7% to USD8.63 billion. Exports fell by 33.0% to USD4.14 billion and imports fell by 12.6% to USD4.49 billion. And the trade deficit was USD0.35 billion, down 134.0%.

Since January to July, bilateral trade volume between Chile and China fell by 3.5% to USD16.48 billion. Chile’s exports to China fell by 3.0% to USD9.61 billion. It accounted for 28.7% of Chile’s overall export, up 3.2%. And Chile’s imports from China fell by 4.3% to USD6.87 billion. It accounted for 23.2% of Chile’s overall imports, up 1.6% over the previous year. Chile’s trade surplus with China grew by 0.5% to USD2.75 billion.

China was the largest export market of Chile and its largest source of imports up to July in 2016.

Source: www.made-in-china.com
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