Chilean exports totaled US$42.554 billion between January and May 2023

Chilean exports abroad totaled US$42.554 billion between January and May 2023, after reaching US$15.271 billion last month, the Undersecretariat of International Economic Relations (Subrei) of the country’s Foreign Ministry reported.

The total figure “marks its highest record in history for a similar period, with an increase of 3.6 percent,” the entity said in a statement.

In the measurement, the Subrei highlighted the increase in mining shipments, up to US$23.033 billion, as well as the silvo-agricultural categories (US$4.321 billion) and industrial goods (US$15.199 billion).

According to the monthly trade report, which includes data up to last May, more than 780 national products and services recorded record shipments, such as lithium sulfates, multilayer cardboard, frozen horse mackerel, canned mussels, oat grains, chascón seaweed and frozen asparagus, among others.

Meanwhile, the number of companies with international sales rose to 5,857, reaching pre-pandemic levels for the first time, driven by manufacturing and services.

Chile’s trade exchange amounted to US$78.092 billion during the first five months of the year, leaving a positive balance of US$9.684 billion in the South American country’s trade balance.

The Undersecretary of the Subrei, Claudia Sanhueza, affirmed that these data show “a recovery of the economy through our exports” and “the advances in the diversification of our export basket”, with a value-added offer, said the official.

Regarding the destinations of Chilean exports, Asia remained the largest recipient of local supply (56.4 percent of the total), with operations for US$ 24,685 million.

It is followed by North America (18.7%) and Latin America (12.4%).

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