Chile’s exports rose 34 percent in September over last year, the central bank said, pushing the country’s trade surplus to its highest since January this year.
The trade surplus was US$1.78 billion in September with US$6.50 billion in exports led by strong Copper sales compared with US$4.72 billion in imports.
The country’s trade surplus was US$530 million in August with exports of US$5.4 billion and imports of US$4.9 billion. It has accumulated a $10.2 billion trade surplus through September this year.
The Chilean economy has been experiencing strong growth in the past months. For instance, it grew 7.6 percent August, compared to a year ago and the finance ministry said on October 5 it expects the national economy to grow 5.1 percent in 2010 and 6.1 percent in 2011. The International Monetary Fund predicts growth of around 5 and 6 percent.