Chile's Copper Exports in May Totalled $3.76 billion, down 18.3% YoY

SHANGHAI, Jun 8 (SMM) - On Tuesday, Chile’s central bank announced that the country's copper exports in May reached $3.76 billion, down 18.3% from the same period last year.

Chile is the largest copper producer in the world. Even though the copper export, which accounts for most of Chile's trade revenue, declined, the country still achieved a trade surplus of $851 million in May.

In May, Chile's exports increased by 19.2% to $9.29 billion, while its imports increased by 25.7% to $8.44 billion.