Chile

Chile ranked No. 26 in total trade value through April with a total of $8.75 billion. Exports totaled $4.87 billion and Imports totaled $3.88 billion, a surplus of $994.45 million.

U.S. trade with Chile rose to $8.75 billion through April

Chile’s trade with the United States rose to $8.75 billion through the first four months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.11 percent below its total trade during the same time period last year. U.S. exports to Chile increased 2.38 percent while U.S. imports from Chile fell 3.06 percent. The U.S. surplus with Chile was $994.45 million.

Through April, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami Int’l Airport; No. 2 Port of Houston; No. 3 Port Everglades, Fla.; No. 4 Port of Panama City, Fla.; and No. 5 Port of Philadelphia. During the same period the previous year, the top five were No. 1 Miami Int’l Airport; No. 2 Port of Houston; No. 3 Port Everglades, Fla.; No. 4 Port of Philadelphia and No. 5 Port of Panama City, Fla.. In the current time period, the top five accounted for 45.5 percent of Chile’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami Int’l Airport rose 9.03 percent to $1.5 billion.
    Exports rose 4.56 percent to $886.81 million. Imports rose 16.19 percent to $615.02 million.
  • Trade with No. 2 Port of Houston rose 15.92 percent to $941.65 million.
    Exports rose 16.14 percent to $790.63 million. Imports rose 14.76 percent to $151.02 million.
  • Trade with No. 3 Port Everglades, Fla. fell 12.48 percent to $524.8 million.
    Exports fell 20.55 percent to $313.37 million. Imports rose 3.02 percent to $211.43 million.
  • Trade with No. 4 Port of Panama City, Fla. rose 7.34 percent to $515.25 million.
    There were no exports. Imports rose 7.7 percent to $515.25 million.
  • Trade with No. 5 Port of Philadelphia fell 4.02 percent to $497.35 million.
    Exports rose 80.77 percent to $13.92 million. Imports fell 5.29 percent to $483.43 million.

Chile ranked No. 26 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 29.

Meanwhile, total U.S. trade with the world increased to $1.23 trillion, down 70.43 percent compared to the same period last year. The nation’s exports dropped 70.13 percent to $491.46 billion; imports dropped 70.64 percent to $733.63 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $242.17 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Chile by value through April were the categories of Gasoline, other fuels; Oil; Civilian aircraft, parts; LNG, other petroleum gases; and Low value shipments, respectively. They accounted for 46.7 percent of total exports to Chile.

The value of the top five categories of U.S. imports from Chile –– Refined copper, alloys, unwrought; Fish fillets, chilled or frozen; Grapes, fresh or dried; Strawberries, blueberries, raspberries, etc.; and Value added to a returned import –– accounted for 62.99 percent of all inbound shipments.

Looking more closely at U.S. exports to Chile:

  • Gasoline, other fuels rose 17.54 percent compared to last year to $1.27 billion.
  • Oil rose 93.14 percent compared to last year to $338.44 million.
  • Civilian aircraft, parts rose 7.38 percent compared to last year to $250.76 million.
  • LNG, other petroleum gases rose 21.08 percent compared to last year to $244.67 million.
  • Low value shipments rose 5.38 percent compared to last year to $175.06 million.

Looking more closely at U.S. imports from Chile:

  • Refined copper, alloys, unwrought rose 0.23 percent compared to last year to $817.31 million.
  • Fish fillets, chilled or frozen fell 0.79 percent compared to last year to $673.19 million.
  • Grapes, fresh or dried fell 2.52 percent compared to last year to $620.4 million.
  • Strawberries, blueberries, raspberries, etc. fell 15.65 percent compared to last year to $207.88 million.
  • Value added to a returned import rose 20.69 percent compared to last year to $123.67 million.

In the latest annual figures available, Chile recorded $26.17 billion in trade with the United States. Total U.S. exports to Chile were $ 15.78 billion and imports from Chile were $10.39 billion. The U.S. surplus with Chile was $5.38 billion.