Chile's Commercial Exchange grows 19,9% in January
Chile's foreign trade registered an increase of 19,9% in January compared to the same month last year, adding transactions for USD 16.124 million. This is how the statistical report periodically prepared by the Department of Studies of the National Customs Service.
In the breakdown, during January 2022, the country's exports increased 7,2%, in relation to the year 2021, reaching USD 9.114 million. While imports for the same period reached USD 7.902 million, increasing by 48,3%.
El Minister of Finance(s), Alejandro Weber, highlighted that “we started the year 2022 maintaining the sustained rise in foreign trade, both in imports and exports. This has a positive impact on our economic growth and collection, which allows us to finance social programs that benefit people directly”.
Meanwhile, National Director of Customs, José Ignacio Palma, He added that “our Service maintains the operational, regulatory and technological measures in force that allow sustaining the continuity of international trade in the context of the pandemic and as a result the figures show a constant increase in the entry and exit of goods as reported in the monthly report of the month. of January prepared by our study area.”
The detail of the variations of the shipments of Chilean products, stood out the increases registered by Molybdenum minerals and their roasted concentrates (121,8%), Unrefined copper, anodes with copper content greater than or equal to 99% and thickness greater or equal to 35 mm (89,7%), Cathodes and cathode sections of unrefined copper (38,4%).
They also highlight the increase in exports of fresh sweet cherries (Prunus avium) (10,2%) and the decreases exhibited in Other blueberries or blueberries, fresh (-22,1%) and Copper minerals and concentrates (- 21,7%).
In relation to imports, the main upward variations are observed in the acquisitions of Distilled fuel oils (210,1%), Crude petroleum oils (70,0%) and Passenger cars with a cylinder capacity greater than 1.000 cm3, but less than or equal to 3.000 cm3 (27,5% and 31,2%).
The amounts of customs duties collected during January 2022 totaled USD 1.652 million, a figure 48,9% higher than that registered in January 2021, which translates into 543 million dollars more than in the same previous period.
The main item collected corresponded to VAT, reaching USD 1.489 million, registering a participation level of 90,2%, and exhibiting a growth of 49,2%.
The Advalorem duty was positioned in second place with a 3,4% share in Customs collection, and presented an increase of 39,2% compared to January of last year. Finally, and in third place with a 2,0% share, the specific tax on diesel fuel totaled USD 33 million, increasing by 8,5%.
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