FX.co ★ Chile Trade Surplus Widens in April

In April 2025, Chile recorded a trade surplus of $1,923 million, slightly up from $1,921 million in April 2024, and exceeding market forecasts of $1,745 million. Export activities showed a 5.7% year-on-year increase, reaching $8,956 million. This growth was primarily propelled by a 6.6% rise in the mining sector, highlighted by a significant 81.3% jump in gold exports, and an 8.6% upturn in the industrial sector, spearheaded by a 14.2% increase in food product exports. Conversely, the agricultural sector saw an 11.3% downturn in exports, chiefly due to sharp declines in the fishing industry by 49.3% and a 1.3% reduction in the forestry sector. On the import side, there was a 7.3% increase, totaling $7,033 million, largely driven by an 11.8% surge in the purchase of capital goods. Additionally, there were notable increases in imports of intermediate goods by 6.5% and consumer goods by 5.7%.