RIO DE JANEIRO, BRAZIL – Chile posted a trade surplus of US$1.423 billion in December, the country’s Central Bank said on Thursday, January 7th, boosted by a surge in the value of its copper exports.
Copper export revenue jumped 6.7% to US$3.747 billion, the bank said. Prices for the metal have jumped to near eight-year highs in recent weeks.
Overall export revenues rose 6.06% to $7.143 billion versus the same month the previous year.
Chile is the world´s top copper producer, and its mines have largely maintained production throughout the coronavirus pandemic.