Trade Regulations

Foreign trade via Chile’s ports fell 8.2% in 2019

Feb, 02, 2020 Posted by datamarnews

Week 202006

According to a report by the Chilean Maritime and Port Chamber (Camport), in 2019 foreign trade via Chile’s ports reached 115.1 million tons, 8.2% less than the previous year. There was a 7.2% in value terms, to US$ 112,587 million.

Looking at the last five years, exports decreased 4.4% in relation to 2015, whilst imports grew 10.5%. In value terms, imports in US dollars rose 12.6%, whilst exports grew 14.4% over the same period comparison.

Exports

Between 2018 and 2019, total exported cargo fell 7.5 million tons. The greatest drop was seen in iron ores and concentrates, which fell 5.5 million tons. On the other hand, copper ores and concentrates increased by 1 million tons.

The value of exported products in 2019 fell by US$4.495 million compared to 2018. The products with the greatest variations between the two periods were refined copper, which fell by US$2.6 million; chemical wood pulp, which fell by US$852 million and unrefined copper, which fell by US$827 million. Apricots, cherries, peaches and plums grew by US$722 million, while corn increased by US$688 million.

Imports

Last year, total imported cargo fell 4.7% to 2.78 million tons compared to 2018.The value of imported products fell by 7.8% to US$4.2 million over the same period comparison.

Source: Mundo Marítimo

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