Copper accounts for over 40% of Chilean exports to the United States, while military aircraft & soybeans are Chile's fastest growing imports from the U.S.
With a population of over 16 million, Chile exported US$9.6 billion worth of merchandise to the United States in 2006, up 43.5% from 2005 and up 153% since 2002.
Chilean imports from the U.S. rose 30% to $6.8 billion in 2006, up 160% since 2002.
In terms of the merchandise flow between the two countries, America’s trade deficit with Chile was $2.8 billion in 2006, up 136% from 2002. The U.S. trade deficit with Chile increased 92% in 2006 – up from the 28% deficit increase in 2005 from the year earlier.
Chilean Exports to U.S.
Of the $9.6 billion in American imports from Chile in 2006, the following product categories had the highest values.
Copper …US$4.1 billion (42.7% of Chilean to U.S. exports, up 144.7% from 2005)
This article presents independent calculations and insights based on data drawn from the CIA World Factbook and the U.S. Census Bureau – Foreign Trade Statistics.
The copyright of the article Top Chilean Exports & Imports in Import/Export is owned by Daniel Workman. Permission to republish Top Chilean Exports & Imports in print or online must be granted by the author in writing.
