Chile's Trade Surplus Highest In Almost Two Years

Chile’s central bank has announced that the country’s trade surplus in January was $2.1 billion, the largest since March 2008.

Exports grew by 50% on a year-on-year basis to $5.9 billion with imports growing by 23% to $3.8 billion.

The price of the country’s main export, copper, hit a 16-month high during the month.