Tarapaca

Overview In January 2024 Tarapaca exported $83.6M and imported $6.01M, resulting in a positive trade balance of $77.6M. Between January 2023 and January 2024 the exports of Tarapaca have increased by $35.6M (74.1%) from $48M to $83.6M, while imports increased by $2.95M (96.6%) from $3.06M to $6.01M.

Trade In January 2024, the top exports of Tarapaca were Copper Ore ($43.6M), Halogens ($20.1M), Refined Copper ($6.91M), Scrap Copper ($4.18M), and Scrap Iron ($2.64M). In January 2024 the top imports of Tarapaca were Excavation Machinery ($1.67M), Twine, cordage or rope; knotted netting,... ($1.07M), Ball Bearings ($558k), Motor vehicles; parts and accessories (8701... ($434k), and Motor-working Tools ($138k).

Destinations In January 2024, Tarapaca exported mostly to China ($32.9M), India ($23.3M), South Korea ($8.14M), Heard Island and McDonald Islands ($5.86M), and United States ($5.72M), and imported mostly from United States ($3.2M), Philippines ($1.05M), Chile ($719k), Canada ($392k), and China ($159k).

Growth In January 2024, the increase in Tarapaca's year-by-year exports was explained primarily by an increase in exports to China ($5.19M or 63.1%), United States ($3.96M or 77.1%), and South Korea ($3.54M or 80.4%), and product exports increase in Halogens ($23.6M or 253%), Refined Copper ($1.64M or 30.4%), and Scrap Copper ($1.54M or 427%). In January 2024, the increase in Tarapaca's year-by-year imports was explained primarily by an increase in imports from Israel ($8.3k or 69.1%), and product imports increase in Other Iron Products ($204k or 259%), Non-Knit Men's Suits ($30.1k or 683%), and Other Measuring Instruments ($14.7k or 163%).