In February, Chile’s copper exports reached $3.92 billion, reflecting a 6.7% year-on-year increase. The trade surplus for the month was $1.63 billion, falling short of the $2.10 billion expectation by economists.
In February, Chile, recognized as the world’s leading copper producer, recorded copper exports valued at $3.92 billion. This figure marks a 6.7% increase compared to the same month the previous year, according to the central bank’s report released on Friday. Additionally, the country experienced a trade surplus of $1.63 billion for February, which was below the anticipated surplus of $2.10 billion as estimated by economists surveyed by Reuters.
Overall, Chile’s copper exports displayed a robust increase in February, contributing to a significant export figure. However, the reported trade surplus did not meet economists’ expectations, indicating a potential area for economic concern despite the rise in export value.
Original Source: www.tradingview.com
