Chile has a very open economy, highly dependent on international trade, which represented 57.5% of the country's GDP in 2018, an improvement compared to 2017 (World Bank). Pulp of wood, fibrous cellulosic material, waste etc : USD 3594.212916 Million, 4. Computers, optical readers: US$997.5 million (down -21.7% from 2018) Heavy machinery (bulldozers, excavators, road rollers): $637.8 million (down -1.6%) Below is the table showing top 10 product categories in Chile: Ores, slag and ash had an overall export percentage of 6.75% while Inorganic chemicals, precious metal compound, isotope had a contribution of 5.99 to Chile's exports. However, Chile’s global trade deficit witnessed a 10.3% drop, from $8.9 billion in 2008 to $7.9 billion in 2009. Aircraft, spacecraft, and parts thereof exports were on the rise of around 220.36%. In the year 2018, the total export of Edible fruit, nuts, peel of citrus fruit, melons from Chile was 6153.762303 USD Million. While the top import origins of Chile are China ($15.4 billion), the United States ($11.5 billion), Brazil ($5.32 billion), Argentina ($2.77 billion) and Germany ($2.63 billion), the biggest export destinations include China ($19.2 billion), the United States ($10.3 billion), Japan ($6.38 billion), South Korea ($4.06 billion) and Brazil ($3.44 billion). The mentioned division of product shipped from Chile denotes the overall positive net exports. Market profile. Imports continued to show weakness, posting a double-digit decline from November 2019's already-weak reading because of widespread protests and riots. Beverages, spirits and vinegar : USD 1993.261534 Million (5.32%), 7. Plastics and articles thereof : USD -1988.904904 Million, 6. There are three export partners who occupy the top three spots in Chile’s exports business, and they are China ($18.9 billion, or 25%), the US ($9.3 billion, or 12%), and Japan ($7.81 billion, or 10%). Based on Chile export statistics, top 10 export commodities of Chile accounted for 84.1% of the overall value of its global shipments in 2019.Among these product groups, gems & precious metals were the fastest growing items, up by 33.1% from 2018 to 2019, while wood pulp was the leading decliner, which recorded a drop of -24.6% year over year. Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals). In 2018, ores and metals exports for Chile was 53.5 %. In a span of 1 year, there has been growth of 11.46% in its export market. Chile Top export commodities. Refined petroleum, which is the second largest imported good in the country at about 90%, is mainly supplied by the United States. Pearls, precious stones, metals, coins, etc : USD 949.412509 Million, 9. With an exceptional growth rate, its geographical location and access to different resources Chile has impressed the Global Traders in many ways. Connect2India is an initiative to simplify doing global trade from and with India. Chile Exports By Category Value Year; Ores slag and ash: $20.49B 2019 Copper: $15.21B 2019 Edible fruits, nuts, peel of citrus fruit, melons: $6.60B 2019 Fish, … Vegetable, fruit, nut, etc food preparations : USD 386.290013 Million, 10. “That is a sustainable level, because it allows the growth of the supply of the Chilean salmon industry to align well with the expansion of the global demand for the product.” Pharmaceutical products : USD -1167.312291 Million, 11. Another sector that showed extraordinary performance in exports from Chile in the year 2018 was Silk. Chile’s fresh produce sector is anticipating mid-long term growth in organic exports to Europe and the US thanks to rising consumer demand for organic fruits and vegetables, with notable… Tanning, dyeing extracts, tannins, derivs,pigments et : USD -318.342072 Million. Wool, animal hair, horsehair yarn and fabric thereof : USD 38.777577 Million, 18. Chile exports Edible fruit, nuts, peel of citrus fruit, melons(6153.762303 USD Million), Fish, crustaceans, molluscs, aquatic invertebrates ne(5603.723228 USD Million), Pulp of wood, fibrous cellulosic material, waste etc(3614.692169 USD Million), Ores, slag and ash(2528.966917 USD Million), Inorganic chemicals, precious metal compound, isotope(2244.675919 USD Million) . The top three countries to supply cars to Chile are South Korea (26%), Japan (22%), and the US (10%). The United States, which is the second largest importer of China, is responsible for importing fish fillets ($1.38 billion) and grapes ($694 million). An export declaration must be submitted to the customs. This gave Chile a trade surplus of $8.22 billion. Fish, crustaceans, molluscs, aquatic invertebrates ne : USD 5603.723228 Million (14.96%), 3. We have sent a verification token to your email / Mobile Number. Try our corporate solution for free! Trade: The top exports of Chile are Copper Ore ($18.6B), Refined Copper ($15.5B), Sulfate Chemical Woodpulp ($3.71B), Fish Fillets ($2.78B), and Raw Copper ($2.16B). 1. According to trading economics, it was found that the Chile was having an unemployment rate of 7% in the 2018. Given Chile's population of 18.75 Million, its total 5257 USD Million in 2018 export revenue interprets to roughly 280.37 USD for each resident within the country. Iron or steel: USD -0.299976 Million, 15 to trading economics it. Usd -517.756168 Million, 8 other made textile articles, sets, worn clothing etc: USD -3.300926,... Fodder: $ 136.1 Million, boilers, machinery, etc, ne: USD Million! 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