Chile’s trade balance surplus declined sharply in July 2026, falling to $1.99 billion from $3.32 billion a month earlier, according to data updated on 7 August 2026. The latest figure marks a notable cooling from June 2026, when the trade surplus had reached one of its stronger recent levels.
The July result suggests a moderation in Chile’s external position over the month, either through softer export performance, stronger import demand, or a combination of both. While the country continues to post a positive trade balance, the reduced surplus may influence expectations around growth, currency dynamics and future external accounts heading into the remainder of 2026.
