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Chilean mining exports in 2009 down by 20pct
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Thursday, 25 Feb 2010
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According to the central bank's 4Q09 report on foreign trade, Chilean mining exports totaled USD 30.6 billion last year a 19.8% decrease compared to USD 38.2 billion in 2008.

The report said total exports were down 20.2% to USD 53.0 billion last year from USD 66.5 billion in 2008 due to a 16% drop in copper cathodes and a 16% decline in copper concentrates while toasted molybdenum concentrates plunged 50%.

The report said copper and iron ore exports in 2009 brought in USD 27.5 billion down from USD 33.6 billion. However, copper cathodes remained the top export, totaling USD 16.3 billion

Mining exports in Q4 2009 increased 63% to USD 9.54 billion from USD 5.84 billion YoY.

(Sourced from http://www.bnamericas.com)

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