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Copper exports fall in August and hit their lowest level in just over a year
CL📈 EconomyCenter3 hr. ago

Copper exports fall in August and hit their lowest level in just over a year

Chile reported a trade surplus in August 2026, but copper exports experienced a decline. According to the Central Bank, total exports reached $9.499 billion, up 11.8% compared to the same period in 2025. However, copper exports, which make up the majority of Chile's exports, fell by 3.2% year-on-year to $4.625 billion, marking their lowest level since July 2025. Copper cathodes saw a rise of 30.2% over twelve months, while copper concentrates dropped by 16.3%, reaching their lowest level since February 2025. The University of Diego Portales' Economic Context Observatory noted a significant drop in exports to China (-27.7%) and a sharp increase in exports to the United States (+200.8%). Overall imports increased by 12.5% over twelve months, leading to a trade surplus of $1.688 billion.

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La Tercera logoLa TerceraIndependent🔒Center3 hr. ago
Copper exports fall in August and hit their lowest level in just over a year

Chile reported a trade surplus in August 2026, but copper exports experienced a decline. According to the Central Bank, total exports reached $9.499 billion, up 11.8% compared to the same period in 2025. However, copper exports, which make up the majority of Chile's exports, fell by 3.2% year-on-year to $4.625 billion, marking their lowest level since July 2025. Copper cathodes saw a rise of 30.2% over twelve months, while copper concentrates dropped by 16.3%, reaching their lowest level since February 2025. The University of Diego Portales' Economic Context Observatory noted a significant drop in exports to China (-27.7%) and a sharp increase in exports to the United States (+200.8%). Overall imports increased by 12.5% over twelve months, leading to a trade surplus of $1.688 billion.

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