Chile’s trade exchange decreased by 12% in 2020

According to a report by the Undersecretariat of International Economic Relations, between January-August 2020, Chile’s trade exchange totaled $83,126 million, dropping by 12% compared to the same period in 2019. More than 84% of the drop in trade is explained by the decline in imports, which continued to decline in August with a decline of 22%. Meanwhile exports totaled $45,380 million, experiencing a fall of 3.9% in relation to the same period of 2019. As for exports in August, they totaled $5,421 billion, falling by 11% compared to last year.

Source: Fresh Plaza