Chilean exports increase by 21.5% in the first half of 2018 according to the Central Bank | Economy



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The value of Chilean exports increased by 21.5% in the first half of 2018, showing a decline in June and in the middle of the international scenario following the "trade war" between the great powers of the world.

A series of new figures released by the Central Bank during this day, where 21.5% growth in the value of exports during the first half of 2018 compared to the same period the year last, translates to 39.209 million dollars. A surplus of $ 5,511 million in the trade balance during the first six months.

However, in the month of June the surplus was $ 483 million, the lowest monthly level of the year, which is explained for a smaller expansion of copper sales and l & rsquo; Increase in imports before mbad exports in May.

All this in the midst of international turbulence due to the trade war between the United States, China and the countries of the European Union.

Scenario evaluated by the government between the Treasury, Agriculture, Direcon and Chancery portfolios.

The Minister of Agriculture Antonio Walker evaluated the export figure, but noted that the international situation is worrying.

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Copper exports to 8.3% increased in June compared to the same month of the year. 39 last year, all in the midst of fluctuations in the price of metal.

Today, after ten days of falling, copper has recovered by trading at $ 2.89 a pound on the London Metal Exchange.

The Economist of Plusmining, Juan Carlos Guajardo badyzed the figures and commented that this will happen with this price in the coming days; in the middle of the "trade war". .

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Overall, the government will improve upward its growth forecasts for the # Chilean economy for this year, which is at 3.5%, something that will be announced by Finance Minister Felipe Larraín this week; most likely tomorrow in Congress.

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