Import of Goods Value from Chile (1990-2023)

Import of Goods Value from Chile (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Chile (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Chile
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Chile's import growth reflects its trade-oriented economy, with values rising from $7.9B in 1990 to $104.6B in 2022. Key growth phases, like the sharp increase from $32.7B in 2005 to $62.7B in 2008, align with the commodities boom, boosting income and consumer demand.

The 2009 decline to $42.8B due to the global financial crisis was followed by a recovery phase, peaking in 2022. However, a drop to $85.3B in 2023 indicates global economic pressures and local policy adjustments. Chile’s import trends highlight its dependency on raw materials and capital goods for its mining and industrial sectors.

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