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Insights for Chile
BETA
February 2026 period, National level, Product aggregation
AI
Summary: Overall, Chile's trade values showed a significant decline in both imports and exports month-on-month, with total imports falling to 5.69 billion USD and total exports to 10.6 billion USD. Year-on-year, while imports decreased, exports saw a substantial increase, indicating a recovery in trade flows despite recent challenges. The total trade changes reflect a complex landscape influenced by global market dynamics, particularly in the copper sector, which is critical for Chile's economy.
AI
MoM insights: In the month-on-month analysis, Chile's total imports decreased by approximately 1.15 billion USD, reflecting a decline of about 16.8%. The top three countries contributing to this decline were the United States, Spain, and China, with imports dropping by 362.99 million, 181.95 million, and 149.14 million USD respectively. Conversely, imports from Argentina, Canada, and Japan saw significant increases, with values rising by 36.45 million, 27.27 million, and 22.79 million USD respectively. On the export side, total exports fell by 2.63 billion USD, a decrease of 19.88%. The largest declines were seen in exports to China, the United States, and Areas, with reductions of 859.96 million, 549.49 million, and 337.81 million USD respectively. However, exports to South Korea, India, and Malaysia increased, with rises of 321.86 million, 80.14 million, and 31.37 million USD respectively.
AI
YoY insights: In the year-on-year analysis, total imports decreased by approximately 949.53 million USD, a decline of about 14.31%. The most significant increases were from Germany, Italy, and Singapore, with values rising by 126.67 million, 70.32 million, and 46.07 million USD respectively. On the other hand, imports from Switzerland, Belgium, and China saw the largest declines, with reductions of 320.42 million, 229.04 million, and 183.49 million USD respectively. For exports, there was a notable increase of 2.22 billion USD, representing a growth of 26.47%. The top increases were in exports to China, India, and South Korea, with values rising by 894.43 million, 440.68 million, and 375.16 million USD respectively. However, exports to Germany, Norway, and Canada experienced declines, with reductions of 104.29 million, 55.26 million, and 32.97 million USD respectively.
