Chilean imports amounted to US$64.1 billion in 2019, up by 2.8% since 2015 but down by -13.6% from 2018 to 2019. Based on the average exchange rate for 2019, the Chilean peso depreciated by -7.5% against the US dollar since 2015 and dropped by -9.6% from 2018 to 2019. Chile's weaker local currency makes its imports paid for in stronger US dollars relatively more expensive when … [Read more...] about Chile’s Top 10 Imports
South America
Uruguay’s Top 10 Exports
Located in the southeastern part of South America, the Oriental Republic of Uruguay shipped US$7.8 billion worth of goods around the globe in 2019. That dollar amount represents a 1.9% increase since 2015 and a 2.3% gain from 2018 to 2019. Based on the average exchange rate for 2019, the Uruguayan peso depreciated by -27.4% against the US dollar since 2015 and declined by -12% … [Read more...] about Uruguay’s Top 10 Exports
Uruguay’s Top 10 Imports
Uruguay imported US$8.3 billion worth of goods from around the globe in 2019, down by -12.4% since 2015 and down by -7.6% from 2018 to 2019. Based on the average exchange rate for 2019, the Uruguayan peso depreciated by -27.4% against the US dollar since 2015 and dropped by -12% from 2018 to 2019. Uruguay's weaker local currency makes Uruguayan imports paid for in stronger US … [Read more...] about Uruguay’s Top 10 Imports
Brazil’s Top 10 Imports
Brazil imported US$177.3 billion worth of goods sourced from around the globe in 2019, up by 3.4% since 2015 but down by -2.1% from 2018 to 2019. Based on the average exchange rate for 2019, the Brazilian real has depreciated by -18% against the US dollar since 2015 and eroded by -7.5% from 2018 to 2019. Brazil's weaker local currency makes Brazilian imports paid for in … [Read more...] about Brazil’s Top 10 Imports
Top Brazilian Trade Balances
Brazil’s overall trade surplus for all products equaled US$46.7 billion in 2019, up by 140.6% from its $19.4 billion surplus in 2012. Year over year, the $46.7 billion in black ink in 2019 reflects a -20.5% decrease from the $67 billion surplus that Brazil generated for 2018. Products including soya beans, iron, crude oil and corn were major factors behind Brazil’s highest … [Read more...] about Top Brazilian Trade Balances