Top Chile Exports 2024: Mining Dominance

Chile Export Portfolio Overview in 2024 Whole Year

• Exports are dominated by mining: ores and copper products account for over 55% of total export value.
• High concentration risk due to extreme reliance on mineral resources, particularly copper and iron.
• This structure reinforces Chile's economic identity as a global supplier of raw industrial and construction inputs.

Table: Chile Top Export Product in 2024 (Source: yTrade)

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Key Driver: Ores, slag and ash

• Dominated by iron ores and concentrates (HS 2603), comprising 89% of the sector's value.
• Product type is entirely raw material, unprocessed beyond basic concentration.
• This reflects Chile's massive mineral reserves and cost-competitive, large-scale mining operations, not technological sophistication.

Table: HS Code 26 Detailed Breakdown

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Key Driver: Copper and articles thereof

• Driven by refined copper (HS 7403), representing 87% of the sector.
• Acts as a direct complement to the ore sector, representing the next stage of value addition.
• Strategically critical; Chile leverages its ore production to also supply semi-processed metal to global manufacturing chains.

Table: HS Code 74 Detailed Breakdown

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Key Driver: Edible fruit and nuts; peel of citrus fruit or melons

• Led by fresh cherries (HS 0809), making up 44% of the sector.
• Represents a stable, high-value agribusiness pillar that diversifies away from pure mineral dependency.
• Capitalizes on counter-seasonal production to supply Northern Hemisphere markets during winter months.

Table: HS Code 08 Detailed Breakdown

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Frequently Asked Questions

What is Chile's largest export commodity in 2024 Whole Year?

The largest export category is Ores, slag and ash (HS 26), valued at $35.05B. This sector is primarily driven by exports of Copper ores and concentrates (HS 2603), which alone account for 89.27% of the sector's total value.

Which specific Ores, slag and ash products does Chile export most in 2024 Whole Year?

Within the Ores, slag and ash sector, the top exports are Copper ores and concentrates (HS 2603, $31.29B) and Molybdenum ores and concentrates (HS 2613, $1.91B), which together account for 94.73% of the sector's exports.

Does Chile export Copper and articles thereof in 2024 Whole Year?

Yes, Copper and articles thereof (HS 74) is Chile’s second-largest export sector, valued at $19.56B. The primary driver is Refined copper and copper alloys (HS 7403), making up 86.73% of the sector’s exports.

What are the main industries driving Chile's economy?

Chile’s economy is heavily reliant on its top three export sectors:

1. Ores, slag and ash (HS 26, $35.05B)
2. Copper and articles thereof (HS 74, $19.56B)
3. Edible fruit and nuts (HS 08, $8.72B)
   Together, these account for 63.92% of total exports, indicating a concentrated economic structure.

How to find Chile Ores, slag and ash suppliers?

You can access a list of active suppliers and exporters for Ores, slag and ash (HS 26) using the yTrade database, which provides detailed shipment records and company contacts.

Detailed Quarterly Report

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