Chilean imports fall by 12.5%

Since COVID-19 affected China (Chile’s main trading partner) at the end of 2019, the effects began to hit national foreign trade, generating a slowdown in the logistics chain on a global scale. While Chilean exports have been recovering, imports continue to add red numbers which has resulted in a 12.5% drop in Chilean commercial exchange during the first seven months of 2020, totalling $71,829 million, according to the latest figures released by the Undersecretary of International Economic Relations (Subrei).

Source: EMOL