Top Chilean Exports & Imports

Most Popular Products Traded Between Chile & America

© Daniel Workman

Sep 12, 2007
Chilean Andes Mountains, inarizoo@MORGUEFILE.COM (97466)
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.

  1. Copper …US$4.1 billion (42.7% of Chilean to U.S. exports, up 144.7% from 2005)
  2. Fruits & preparations (e.g. frozen juices) … $1.3 billion (14%, up 17.9%)
  3. Fish & shellfish … $957 million (10%, up 26.1%)
  4. Finished shingles, molding & wallboard … $622.1 million (6.5%, up 17.9%)
  5. Non-monetary gold … $372.8 million (3.9%, up 61.3%)
  6. Lumber & rough wood … $327.2 million (3.4%, up 18.3%)
  7. Industrial inorganic chemicals … $199.5 million (2.1%, up 8%)
  8. Unmanufactured steelmaking & ferroalloying materials … $191.2 million (2%, down 50.9%)
  9. Wine & related products … $170.4 million (1.8%, up 2.5%)
  10. Farming materials including animals … $135.4 million (1.4%, up 25%).

Fastest-Growing Chilean Exports to U.S.

Below are American imports from Chile in 2006 with the highest percentage sales increases from 2005.

  1. Civilian aircraft (parts) … US$1.2 million (up 930% from 2005)
  2. Drilling & oil field equipment including platforms … $3.4 million (up 380%)
  3. Paper & paper products … $3.4 million (up 238%)
  4. Computer accessories, peripherals & parts … $4.3 million (up 235%)
  5. Other scientific, medical & hospital equipment … $1.1 million (up 232%).

Chilean Imports from U.S.

Of the $6.8 billion in American exports to Chile in 2006, the following product categories had the highest values.

  1. Other petroleum products …US$659.6 million (9.7% of Chilean to U.S. exports, up 53.3% from 2005)
  2. Civilian aircraft … $577 million (8.5%, up 91.7%)
  3. Fuel oil … $424.7 million (6.3%, down 6.8%)
  4. Computer accessories … $308.4 million (4.5%, up 7.2%)
  5. Materials handling equipment … $303.1 million (4.5%, up 13.4%)
  6. Military aircraft (complete) … $294.9 million (4.3%, up 51,459%)
  7. Excavating machinery … $280.1 million (4.1%, down 6.7%)
  8. Minimum value shipments … $211.6 million (3.1%, up 21.4%)
  9. Computers … $189 million (2.8%, up 32.4%)
  10. Telecommunications equipment … $177.9 million (2.6%, up 38.8%).

Fastest-Growing Chilean Imports from U.S.

Below are American exports to Chile in 2006 with the highest percentage sales increases from 2005.

  1. Military aircraft (complete) … US$294.9 million (up 51,459% from 2005)
  2. Soybeans … $12.2 million (up 41,990%)
  3. Corn … $81.2 million (up 320%)
  4. Unmanufactured agricultural industry materials … $9.3 million (up 254%)
  5. Wheat … $37.9 million (up 219%).

Sources

This analysis is based on latest statistics from the US Census Bureau - Foreign Trade Statistics and CIA World Factbook as of the date of article publication.


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.


Chilean Andes Mountains, inarizoo@MORGUEFILE.COM (97466)
       


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