Overview In June 2022 Antofagasta exported $200M and imported $80.2M, resulting in a positive trade balance of $120M. Between June 2021 and June 2022 the exports of Antofagasta have increased by $2.79M (1.41%) from $197M to $200M, while imports increased by $28.2M (54.2%) from $52M to $80.2M.
Trade In June 2022, the top exports of Antofagasta were Refined Copper ($168M), Molybdenum Ore ($23.8M), Gold ($2.22M), Raw Lead ($1.15M), and Scrap Iron ($657k). In June 2022 the top imports of Antofagasta were Engine Parts ($8.08M), Transmissions ($7.95M), Iron Fasteners ($4.77M), Liquid Pumps ($4.49M), and Valves ($4.18M).
Destinations In June 2022, Antofagasta exported mostly to United States ($55.7M), China ($41M), Brazil ($31.6M), South Korea ($22.1M), and Mexico ($15.5M), and imported mostly from United States ($49.7M), Chile ($11.6M), China ($6.38M), Canada ($4.24M), and Brazil ($2.07M).
Growth In June 2022, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to United States ($44.7M or 90.7%), South Korea ($23.9M or 111%), and Brazil ($15.7M or 164%), and product exports increase in Raw Copper ($51.6M or 79.6%), Refined Copper ($33.3M or 27%), and Cement ($423k or 143%). In June 2022, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from China ($1.85M or 132%), Canada ($1.16M or 104%), and Spain ($407k or 807%), and product imports increase in Motor-working Tools ($1.31M or 225%), Other Engines ($835k or 538%), and Combustion Engines ($505k or 397%).