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Monthly Report on Foreign Trade

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The information container in this Report is provided with special emphasis on those goods with a higher participation and variations for the main markets of destination and origin. The figures herewith considered are those of import valued on CIF basis and those of export valued on FOB. As from such scheme, product figures are obtained on the basis of tariff item additions.

Such preliminary figures arise from Customs operations relating to the declarations of Entry and Exit of goods, as set forth in Kyoto Convention, 1995 and the UN Manual of Statistics on International Trade of Goods. According to the Above mentioned instruments, the term imports means goods brought into a Customs territory by means of clearance for home use which provides for the free circulation of such goods in the Customs territory upon the payment of import duties and taxes levied; on the other hand, the term exports is defined as goods of free circulation which leave the Customs territory and are intended for their definite stay abroad, being excluded those goods which leave the country covered either by a temporary exit procedure for an outward processing or a manufacturing procedure, for an outward processing or a manufacturing procedure.

Figures provided by Customs are used by the Central Bank of Chile as stipulated in the Manual on Balance of Payments; therefore, they come to complement the publications.

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