Chile's trade surplus declines in June in the face of external turbulence | AmericaEconomy



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Santiago . Chile recorded a trade surplus of US $ 483 million in June, its lowest monthly level this year, with lower expansions of copper shipments and a rise in imports favored by a gradual rebound domestic demand. [19659002ExportsaccountedforUS$6472millionlastyearanincreaseof15%year-on-yearandaperformancelowerthanthatrecordedinMayintheCentralBank[19659002] Copper shipments, the main Chilean export, added US $ 3,261 million, an increase of 8.3% year-on-year. Meanwhile, industrial exports increased by 17.3%.

Imports amounted to US $ 5.989 million, an increase of 13.1% year-on-year, slightly lower than in May.

"Trade balance figures for June show continued growth in export growth, despite weaker growth in mining shipments, while imports significantly reduce the growth rate observed the previous month." Says report Bci.

With the June figure, Chile has accumulated a trade surplus of $ 5,512 million. For this year, the Central Bank has forecast a positive balance of US $ 10,400 million for the trade balance.

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