Chile posted a trade surplus of $904 million

Chile posted a trade surplus of $904 million in August, the Central Bank said, with a drop in levels versus a year earlier of both exports and imports for the month. The world’s largest copper producer also saw the value of shipments of the red metal fall 13.2% year-on-year in August to $2.761 billion, hit by a dip in production and low prices. The country’s total monthly exports fell 10.8% year-on-year to $5.421 billion, while imports fell 22.4% to $4.517 billion.

Source: MercoPress