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LatinNews Daily - 10 August 2021

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In brief: Chile records trade surplus driven by copper

* Chile’s central bank (BCCh) has released new figures on the country’s trade flows, which show that Chile’s exports totalled US$7.94bn in July, a 27.3% increase on the value of exports a year earlier, while imports totalled US$7.34bn, up 55.3% year-on-year. This leaves the country with a US$604m trade surplus in July. The mining industry underpins Chile’s exports, with mining exports accounting for US$5.14bn in July. Within this, US$4.58bn came from copper exports alone, a 32% increase on the value of copper exports in July 2020 and up around 5% on June 2021 copper exports, reflecting high international copper prices.