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Chile copper exports fall 15% in Q1 to $6.74 billion

Staff writer |
Chile exported $6.74 billion worth of copper in the first three months of 2016, down 15% from $7.975 billion in the same period of last year, central bank data showed.

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Chile is the world's largest producer of the red metal, producing 5.794 million mt last year, Platts reports.

Exports of copper in concentrate fell 18% to $2.888 billion, while exports of cathode fell 12% to $3.293 billion.

In March, Chile exported $2.419 billion worth of the metal, down 12% from a year earlier. Cathode exports fell 20% to $1.094 billion, while concentrate exports fell 7% to $1.118 billion.

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