Chile announces trade surplus for 2003

Chile announces trade surplus for 2003

Based on the data released from Central Bank of Chile, the country's trade surplus amounted to $391 million in December 2003 while year-to-date trade surplus reached $2.94 billion. Chile's exports and imports were recorded as $1.9 billion and $1.5 billion respectively in December, with strong growth in intermediate and capital goods. Central Bank expects a trade surplus of $3.5 billion in 2004 from the exports of $23.3 billion and imports of $19.8 billion.