Antofagasta

Overview In January 2024 Antofagasta exported $270M and imported $62.6M, resulting in a positive trade balance of $207M. Between January 2023 and January 2024 the exports of Antofagasta have increased by $101M (60.1%) from $169M to $270M, while imports increased by $16.5M (35.7%) from $46.2M to $62.6M.

Trade In January 2024, the top exports of Antofagasta were Refined Copper ($142M), Raw Copper ($77.8M), Molybdenum Ore ($34.3M), Raw Lead ($4.45M), and Gold ($3.57M). In January 2024 the top imports of Antofagasta were Engine Parts ($11.3M), Motor vehicles; parts and accessories (8701... ($3.93M), Transmissions ($3.72M), Excavation Machinery ($3.45M), and Iron Fasteners ($3.12M).

Destinations In January 2024, Antofagasta exported mostly to United States ($59.3M), China ($56.1M), India ($52.3M), South Korea ($29.5M), and Japan ($25.6M), and imported mostly from United States ($40.7M), Chile ($7.31M), Canada ($7.16M), China ($1.8M), and Italy ($1.46M).

Growth In January 2024, the increase in Antofagasta's year-by-year exports was explained primarily by an increase in exports to South Korea ($41.7M or 287%), China ($34M or 170%), and Brazil ($5.03M or 27.7%), and product exports increase in Molybdenum Ore ($5.67M or 30.9%), Other Lead Products ($891k or 4.78k%), and Scrap Iron ($543k or 89.7%). In January 2024, the increase in Antofagasta's year-by-year imports was explained primarily by an increase in imports from Canada ($3.9M or 138%), South Africa ($942k or 285%), and Brazil ($519k or 93.6%), and product imports increase in Excavation Machinery ($1.89M or 156%), Other Engines ($1.77M or 240%), and Valves ($1.26M or 42.6%).